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IN RE ECHOLES

Bankruptcy No. B-81-1657 PHX-VM, Adv. No. 81-540 VM.

21 B.R. 280 (1982)

In re Thomas Earl ECHOLES and Dorothy Jean Echoles, husband and wife, Debtors. Thomas Earl ECHOLES and Dorothy Jean Echoles, husband and wife, Plaintiffs, v. TRANSAMERICA FINANCIAL SERVICES, Defendant.

United States Bankruptcy Court, D. Arizona.

June 25, 1982.

Attorney(s) appearing for the Case

Charles B. Gustafson, Flagstaff, Ariz., for defendant.

Richard M. Grimsrud, Flagstaff, Ariz., for plaintiffs.

MEMORANDUM DECISION

VINCENT D. MAGGIORE, Bankruptcy Judge.

This case arose on a motion by the Debtor to set aside a lien.

The pertinent facts are as follows:

On May 12, 1978, Thomas Echoles (debtor) entered into a consumer consolidation loan with Transamerica Financial Services. On two separate occasions in 1979, the debtor voluntarily increased the amount of his obligation to Transamerica with corresponding...

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