The sole issue on appeal is whether the debtors' individual retirement accounts ("IRAs") are exempt from the bankruptcy estate under 11 U.S.C. 522(d)(10)(E). After their termination from Northrop Grumman, appellants Richard and Betty Jo Rousey rolled...
exemptions
(LIIBULLETIN preview)
In a Chapter 7 filing, a debtor is allowed to claim certain items exempt from creditor collection. See 11 U.S.C. ยง 522. The claimed exemption at issue in this case deals with two types of exemptions. The first type allows a debtor to exempt certain...