October Term 2009 · Docket 08-538

Does a debtor keep specific property or its cash value when claiming an exemption?

The dispute centers on whether a debtor retains specific kitchen equipment or receives its cash equivalent after claiming a statutory exemption.

Official caption
Schwab v. Reilly
Latest argument session
Latest official Court activity
Latest verified event
Argued
Sources analyzed through
Official Transcript

Verified source milestones

  1. — An official oral-argument transcript was verified.
  2. — An official oral-argument transcript was verified.

The arguments, in order

This case may have been argued more than once. Each entry below uses that session's official transcript. Later arguments do not erase earlier ones.

  1. Argument 1 ·

    What happened at the argument

    Mr. Goldblatt argued the debtor's exemption claim was fully proper.

    Mr. Goldblatt stated the trustee did not object because the claim was unobjectionable.

    Mr. Brunstad argued the debtor indicated intent to exempt the property in full.

    Mr. Brunstad stated the trustee denied the debtor an opportunity to allocate the exemption.

    Read the official transcript for this argument · Official argument details

    Sources used for this argument breakdown

A citizen's guide to the whole case

What this case is about

A debtor claimed an exemption for specific kitchen equipment. The trustee sought to sell the property and pay the debtor the cash value. The lower court ruled in favor of the debtor keeping the equipment.

Official sources for this section

How the case got here

The Supreme Court heard oral argument in this case on November 3, 2009.

Official sources for this section

What each side wants

The debtor wants to keep her specific kitchen equipment.

The trustee wants to sell the equipment and pay the debtor the cash value.

Official sources for this section

What each side says

The debtor argues her claim was proper and unobjectionable.

The trustee argues the debtor claimed more than she was entitled to.

Official sources for this section

What the justices asked

Justice Ginsburg asked if the debtor's claim was improper because she claimed more than entitled.

Justice Ginsburg asked if the debtor wanted the equipment rather than the money equivalent.

Official sources for this section

Why it matters

This case determines whether debtors retain specific property or receive cash value. It affects how bankruptcy exemptions protect household goods. It clarifies the rights of debtors and trustees in asset liquidation.

Official sources for this section

What happens next

This article currently covers the argument record. Use the official docket link for later case activity.

Official sources for this section

Official Court provenance

Official docket and case history · Official Supreme Court oral-argument detail page

Title and summary sources

Revision history

  1. Revision 1 · Official Transcript ·

    Correction: Rewritten to the concise citizen-facing editorial standard.

  2. Revision 2 · Official Transcript ·

    Correction: Migrated to the dated official Court activity contract without model use.

Download this sanitized case as JSON