Winning While Losing in the Supreme Court – Schwab v. Reilly

From the blog, Credit Slips, Henry Sommer gives his view on Schwab v. Reilly. This result should not present any problem for debtors represented by competent counsel, who should use the suggested language whenever there is any doubt about whether an exempted asset is within the amount of exemption allowed (assuming, of course, that there is a good faith argument …