United States Eighth Circuit
LaSalle Bank, N.A. v. Takes, 06-1373
In a Chapter 7 bankruptcy proceeding, the district court properly applied Iowa Code sections 560.20 and .21 in limiting the debtors' homestead exemption in a condominium to the proceeds of their prior leasehold interest that were reinvested to purchase the property in 2004.
Appellate Information
- Decided 01/10/2007
- Published 01/10/2007
Judges
- LOKEN, Chief Judge., Before LOKEN Chief Judge, SMITH and GRUENDER, Circuit Judges.
Court
- United States Eighth Circuit
Counsel
- For Appellant:
- Janet K. Hong, Cedar Rapids, IA, for appellant.
- For Appellees:
- Richard A. Davidson, Davenport, IA, for appellee.