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IN RE NORTH COUNTY CHRYSLER PLYMOUTH, INC.

Bankruptcy No. 81-00597-2.

13 B.R. 393 (1981)

In re NORTH COUNTY CHRYSLER PLYMOUTH, INC., Debtor.

United States Bankruptcy Court, W.D. Missouri.

August 24, 1981.

Attorney(s) appearing for the Case

Howard D. Lay, Kansas City, Mo., for petitioning creditors.

Thomas E. Thompson, Kansas City, Mo., for debtor.

MEMORANDUM OPINION

JOEL PELOFSKY, Bankruptcy Judge.

On February 25, 1981, Chrysler Credit Corporation, hereinafter Chrysler Credit, filed an involuntary petition in bankruptcy for North County Chrysler-Plymouth, Inc., a Missouri corporation, hereinafter North County. Chrysler Credit alleged that North County had less than 12 creditors and that it was "generally not paying its debts as they become due", alleging that North County owed Chrysler Credit $167...

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