Bankr. L. Rep. P 76,676, 95 Cal. Daily Op. Serv. 7988, 95 Daily Journal D.A.R. 13,733 in Re Terry Alsberg, Dba Alsberg Brothers Boatworks, Debtor. Terry Alsberg, Dba Alsberg Brothers Boatworks v. Jerome E. Robertson, Chapter 7 Trustee
Opinion
Opinion
68 F.3d 312 Bankr. L. Rep. P 76,676, 95 Cal. Daily Op. Serv. 7988 , 95 Daily Journal D.A.R. 13 ,733 In re Terry ALSBERG, dba Alsberg Brothers Boatworks, Debtor. Terry ALSBERG, dba Alsberg Brothers Boatworks, Appellant, v. Jerome E. ROBERTSON, Chapter 7 Trustee, Appellee. No. 94-15085. BAP No. NC-92-2318-JAsO. United States Court of Appeals, Ninth Circuit. Argued and Submitted Sept. 11, 1995. Decided Oct. 11, 1995. Henry G. Rendler, San Jose, CA, for appellant. Charles P. Maher, Rosenblum, Parish & Isaacs, San Francisco, CA, for appellee. Appeal from the Bankruptcy Appellate Panel of the Ninth Circuit. Before: BEEZER and THOMPSON, Circuit Judges, and JUSTIN L. QUACKENBUSH, District Judge. * BEEZER, Circuit Judge: 1 Debtor Terry Alsberg, dba Alsberg Brothers Boatworks, ("Alsberg") appeals the Bankruptcy Appellate Panel's ("the BAP") decision that Alsberg is entitled only to the $45,000 homestead exemption allowed under California law from proceeds from the sale of his residence. Alsberg argued to the BAP that he was additionally entitled to the value of post-bankruptcy-petition appreciation in the value of his residence. The BAP held that such appreciation accrued to the…