Thursday, November 29, 2012

In re Johnson case brief (motor vehicles)

Case:  In re Johnson (Bankr. WD Ky. 1981) 
-The debtor was the owner of a bus. 

-KRS statute exempts one motor vehicle up to $2,500.
-The code uses the word “motor vehicle.” 
-The trustee argues "motor vehicle" is meant to mean automobile.

Issue: Is a bus a car for purposes of KRS exemption?

Holding: Yes. The court states that a bus is a motor vehicle.

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