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IN RE CARROLL

Bankruptcy No. 880-04071-20, Adv. No. 880-04071.

11 B.R. 45 (1981)

In re Samuel CARROLL and Evy L. Carroll, Debtors. HOUSEHOLD FINANCE CORPORATION, Plaintiff, v. Samuel CARROLL and Evy L. Carroll, Defendant.

United States Bankruptcy Court, E.D. New York, at Westbury.

May 6, 1981.

Attorney(s) appearing for the Case

Mark Rosenberg, Patchogue, N.Y., for defendants.

Holland & Zinker, Smithtown, N.Y., for plaintiff.

ROBERT JOHN HALL, Bankruptcy Judge.

I.

In February, 1977, prior to the filing of the instant Chapter 7 petition and prior to the enactment of the Bankruptcy Reform Act of 1978, the debtors entered into a loan agreement with Household Finance Corporation (hereinafter "plaintiff"), in which the debtors granted plaintiff a security interest in certain household goods of the debtors (hereinafter referred to as the "collateral"). Thereafter, the debtors defaulted...

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