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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.
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