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IN RE CARROLL

Bankruptcy No. B-80-0962 PHX Y.

7 B.R. 907 (1981)

In re Michael Harris CARROLL and Josie Carroll, Debtors.

United States Bankruptcy Court, D. Arizona.

January 6, 1981.

Attorney(s) appearing for the Case

Roland J. LaVallee, Phoenix, Ariz., for Arizona Bank.

Paul J. Faith, Avondale, Ariz., for debtors.

MEMORANDUM DECISION

VINCENT D. MAGGIORE, Bankruptcy Judge.

I. Facts

When the debtors in this case filed their voluntary Chapter 7 joint petition in bankruptcy, they listed a 1977 Ford F100 ½ ton Ranger pickup truck as exempt property. That exemption has been allowed by this Court.

The truck was subject to a security interest held by the Arizona Bank. The Court has found that the lien of the Arizona Bank on the property secured a dischargeable...

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