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IN RE REED

Bankruptcy No. 58000020.

18 B.R. 1009 (1982)

In re Leonard Ray REED, Anna Bell Reed, Debtor.

United States Bankruptcy Court, W.D. Kentucky.

April 1, 1982.

Attorney(s) appearing for the Case

James A. Harris, Lexington, Ky., for debtors.

Martin W. Johnson, Benton, Ky., for Bank of Benton.

John Reed, Lexington, Ky., for Citizens Bank.

Charles W. Granner, Paducah, Ky., for C.I.T. Financial Services.

MEMORANDUM AND ORDER

MERRITT S. DEITZ, Jr., Bankruptcy Judge.

Are a table saw, torch, welder, and two trailers "tools of the debtor's trade" as a steel fabricator? The question arises because the debtor has moved to avoid the non-purchase money liens on these items. If they are tools of the trade, they may be exempt and the lien on them avoided; if not, the secured creditor may repossess the items.

The debtor is a steel fabricator principally engaged...

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