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2016-11-24T00:00:00.000Z

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Wrong William Altenberger?

Hon. William V. Altenberger

Judge

NCBJ

HQ Phone: (949) 497-3673

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NCBJ

954 La Mirada Street

Laguna Beach, California 92651

United States

Company Description

NCBJ manages CLE& CPE credit reporting for all ABI, AIRA, CLLA and NCBJ programs at the conference. NCBJ will issue CLE Certificates; AIRA will issue CPE Certificates. NCBJ submits educational materials to each of the states that require CLE credits. NC ... more

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Background Information

Employment History

Judge

Illinois Bankruptcy

Clerk

BankruptcyData.Com

Web References (16 Total References)


National Conference of Bankruptcy Judges - 88th Annual Conference - Chicago, IL - October 8-11, 2014

www.ncbjmeeting.org [cached]

William Altenberger


Illinois Bankruptcy Court directory - Bloomington, Danville, Decatur, Galesburg, Kankakee, Paris, Peoria, Quincy, Rock Island, SpringfieldChicagoe, Joliet, North Aurora, Rockford, Waukegan, WheatonAlton, Benton, East St. Louis, Effingham, Mt. Vernon Illin

www.illinoisbankruptcy.com [cached]

Hon. William V. Altenberger Bankruptcy Clerk 116 Federal Bldg. 100 NE Monroe St. Peoria, IL 61602 (309) 671-7075


Illinois Bankruptcy Court Information

www.bankruptcyinformation.com [cached]

Hon. William V. Altenberger Bankruptcy Clerk 116 Federal Bldg. 100 NE Monroe St. Peoria, IL 61602 (309) 671-7075


State Bankruptcy Clerks - The Commercial Bar

www.commercialbar.com [cached]

William Altenberger, Judge

...
William V. Altenberger, Judge


However, in a little-noticed decision ...

www.melchionne.com [cached]

However, in a little-noticed decision from July, 2012, Judge William Altenberger limited the Illinois homestead exemption and may have eliminated the right to obtain a judgment lien avoidance too. In the Kimberly Clemons case, the court considered the situation where a debtor had no equity in a home but asserted an exemption anyway. That is, the debtor's home was worth less than the mortgage she had given on it, so there was no equity. She also claimed a homestead exemption in the property, while there was a large judgment (related to a mechanic's lien claim) on it.

The court concluded that the debtor could not assert an exemption in her home because the Illinois exemption is limited to her "interest" therein which itself was limited to only equity in it. So if you have no equity, you have no exemption. Judge Altenberger based this position on a 1989 decision by Judge Meyers (In re Jennings, 107 B.R. 165) which reached the same conclusion about the motor vehicle exemption.

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