In re: Myrna Jacobson, No. 10-60040 (9th Cir. 2012)
Annotate this CaseThis appeal grew out of an adversary proceeding in debtor's Chapter 7 bankruptcy proceedings. The bankruptcy trustee filed a complaint against debtor and her husband, claiming that certain money and property belonged to debtor's bankruptcy estate. The trustee sought turnover to the bankruptcy estate of certain proceedings from the sale of the couple's homestead, a rental property held in the husband's name, and income earned from the rental property. The bankruptcy court rejected all of the trustee's claims and the Bankruptcy Appellate Panel affirmed. The court concluded that the proceeds of the homestead sale belonged to debtor's bankruptcy estate but that the rental property held in the husband's name and the income did not. Accordingly, the court reversed in part and affirmed in part.
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