MEMORANDUM FOR MODIFICATION OF AUTOMATIC STAY
THOMAS WOOD, Bankruptcy Judge.
The plaintiff has filed a complaint to lift the automatic stay. The debtors' answer raises several legal issues. The parties have stipulated to the facts.
STIPULATED FACTS
1. On October 4, 1979, plaintiff committed a line of credit to J.L. Ness and Company, Inc. in the amount of $100,000.00. One of the conditions of the said commitment was the guaranty of the line...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.