Decisions by Circuit Judge Posner and Houston’s Judge Isgur don’t line up.
Exemption cannot be claimed in a home recovered as a fraudulent transfer.
Debtor’s clever strategy to prepay a mortgage didn’t invoke Section 1322(c)(2).
Debtors must maintain exempt status of assets until chapter 7 case is closed, judge rules.
Judge finds a loophole in a Fifth Circuit opinion on the homestead exemption.
Judge Isgur interprets Schwab v. Reilly to benefit debtors and disadvantage trustees.
Restriction on post-confirmation suits is further limited in the Fifth Circuit.