26729

LDS Woman Allowed to Keep Rare Book of Mormon Despite Bankruptcy, Court Rules

What a priceless possession--and not just because of its monetary value.

A woman from Southern Illinois can keep a rare 1830 Book of Mormon worth tens of thousands of dollars despite filing for bankruptcy, a federal appeals court in Chicago said Thursday.

A bankruptcy trustee sought permission to sell the book, which Anna F. Robinson found while cleaning out a library in Anna, Ill., about 100 miles southeast of St. Louis, to help pay Robinson’s debts of $23,000.

But Illinois law exempts “a Bible” from the items that must be sold to pay debts.

After filing a Chapter 7 bankruptcy in 2013, Robinson wasn’t sure that the exemption covered valuable bibles. A trustee said that because she had other copies, both electronic and on paper, it did not.

Lead image from SLT Today.
Read the rest of this story at stltoday.com
Comments and feedback can be sent to feedback@ldsliving.com