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FOSTER v. CITY LOAN AND SAV. CO.

No. C81-0880-Y, Bankruptcy No. B80-1304-Y, Adv. No. 80-0124.

16 B.R. 467 (1981)

In re Richard George FOSTER, et al., Debtors-Plaintiffs, v. CITY LOAN AND SAVINGS COMPANY, Defendant.

United States District Court, N.D. Ohio E.D.

September 30, 1981.

Attorney(s) appearing for the Case

Louis E. Katz, Poland, Ohio, for debtors-plaintiffs.

Julius Zlotnick, Youngstown, Ohio, for defendant.

MEMORANDUM OF OPINION

MANOS, District Judge.

On October 21, 1980 appellants, Richard George Foster and Mary Lann Foster, filed a joint petition for voluntary bankruptcy. At that time, appellee, City Loan & Savings Company, (hereinafter, City Loan), was a secured creditor of the Fosters, holding a nonpossessory, nonpurchase money security interest in the Fosters' household furnishings and household goods. On November...

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