Bankruptcy No. 480-00015.

4 B.R. 354 (1980)

In re Richard Allen STEINART. U.S. LIFE CREDIT CORPORATION, Plaintiff, v. Richard Allen STEINART, Defendant.

United States Bankruptcy Court, W.D. Louisiana, Lafayette—Opelousas Division.

June 2, 1980.

Attorney(s) appearing for the Case

Bruce A. Gaudin, Opelousas, La., for U.S. Life Credit Corp.

G. Douglas Dean, Opelousas, La., for debtor.

William C. Sandoz, Opelousas, La., Trustee in Bankruptcy.


RODNEY BERNARD, Jr., Bankruptcy Judge.

On March 16, 1979, the debtor borrowed a sum of money from the plaintiff, U.S. Life Credit Corporation, purportedly securing the loan with a chattel mortgage on several items of household furnishings.

The debtor filed his voluntary petition for relief under Chapter 7 of the Bankruptcy Code on January 11, 1980. He claimed as exempt the property allegedly mortgaged to U.S. Life Credit Corporation...

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