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IN RE SPARKMAN

Bankruptcy No. 80-00033G, Adv. No. 80-0578G.

9 B.R. 359 (1981)

In re Andre SPARKMAN, Debtor. ADMINISTRATOR OF VETERANS' AFFAIRS, Veterans' Administration, and The Lomas & Nettleton Company, Plaintiffs, v. Andre SPARKMAN, Defendant.

United States Bankruptcy Court, E.D. Pennsylvania.

March 2, 1981.

Attorney(s) appearing for the Case

Richard J. Stout, Asst. U.S. Atty., Philadelphia, Pa., for plaintiff, Administrator of Veterans' Affairs, Veterans' Administration.

David B. Comroe, Robinson, Greenberg & Lipman, Philadelphia, Pa., for plaintiff, The Lomas & Nettleton Co.

Terris J. Green, Philadelphia, Pa., for defendant/debtor, Andre Sparkman.

Margaret Graham, Philadelphia, Pa., Trustee.

OPINION

EMIL F. GOLDHABER, Bankruptcy Judge:

The question before us is whether a mortgagee and the Veterans' Administration ("the VA"), to whom the mortgagee assigned its bid at sheriff's sale, are entitled to relief from the automatic stay provisions of § 362(a) of the Bankruptcy Code ("the Code") to permit them to complete foreclosure on premises owned by the debtor. We conclude that the mortgagee and the VA...

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