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IN RE ANSPACH

Bankruptcy No. 79-02072T.

6 B.R. 700 (1980)

In re Charles J. ANSPACH, Lorraine D. Anspach, a/k/a Loraine D. Anspach, Debtors.

United States Bankruptcy Court, E.D. Pennsylvania.

October 27, 1980.

Attorney(s) appearing for the Case

Alfred W. Crump, Jr., Reading, Pa., for debtors.

Raymond K. Hess, Reading, Pa., for American Bank and Trust Co. of Pennsylvania.

MEMORANDUM AND ORDER

THOMAS M. TWARDOWSKI, Bankruptcy Judge.

American Bank and Trust Company of Pennsylvania [hereinafter referred to as the Bank] has filed a pleading styled "Objections to Debtors' Claim of Exempt Property," objecting to the debtors' Schedule B-4 claims of exemption in real estate, their residence, totalling $15,000. The Bank alleges that the total dollar amount of valid encumbrances on that real estate exceeds the fair market value thereof...

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