In re Page (GASB 02-51307)

The debtor claimed a homestead exemption pursuant to O.C.G.A. § 44-13-100(a)(1) in certain real property in which she had a security interest. The exemption requires that the property be used as the debtor’s residence. In this case, it was uncontested that the debtor did not reside on the property claimed as exempt, thus the Court sustained the trustee’s objection to the exemption.

Monday, January 6, 2003