MEMORANDUM DECISION
MERLIN S. YOUNG, Bankruptcy Judge.
This action presents the question of whether or not a nonpossessory, nonpurchase-money consensual lien or a judgment lien created in the "gap" period between enactment of the Bankruptcy Code on November 6, 1978, and the effective date of the Code October 1, 1979, can be avoided under Section 522(f) of the Code, if it impairs a lawful exemption of the debtor. 522(f) provides:
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.