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MATTER OF FALK

Bankruptcy No. B-76-2664.

2 B.R. 609 (1980)

In the Matter of Norman FALK, Debtor. CITY FEDERAL SAVINGS & LOAN ASSOCIATION, Plaintiff, v. Norman FALK, Debtor, & Michael G. Busche, Receiver, Defendants.

United States Bankruptcy Court, D. New Jersey.

February 7, 1980.

Attorney(s) appearing for the Case

Ravin, Katchen & Greenberg, Newark, N.J., by Richard B. Honig and Howard Greenberg, Newark, N.J., for plaintiff.

Markowitz & Zindler, Lawrenceville, N.J., by Michael A. Zindler and John E. Adams, Jr., Lawrenceville, N.J., for defendant/debtor.

Fontanella, Shashaty, Harris & Lalomia, Paterson, N.J., for defendant/receiver.

Michael G. Busche, Hamburg, N.J., receiver.

OPINION ON COMPLAINT OF CITY FEDERAL FOR RELIEF FROM STAY

RICHARD W. HILL, Bankruptcy Judge.

Chapter XI proceedings were filed by Norman Falk on October 23, 1976. Nearly a year later, on August 15, 1977, City Federal Savings and Loan Association, (hereinafter City Federal), filed a complaint against the debtor, Falk, and the Receiver, Michael G. Busche, for relief from the automatic stay of Rule 11-44, seeking authorization to foreclose a mortgage on two...

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