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IN RE BRITTON

Civ. No. H81-632, Bankruptcy No. 80-60826, Adv. No. 81-6046.

35 B.R. 373 (1982)

In re Norman Dale BRITTON, Debtor. WATERFIELD MORTGAGE COMPANY, Appellant, v. Norman Dale BRITTON and Andrew Gadzala, Trustee, Appellee.

United States District Court, N.D. Indiana, Hammond Division.

July 15, 1982.

Attorney(s) appearing for the Case

Fred M. Cuppy, Merrillville, Ind., for appellant.

Steve Tokarski and Andrew Gadzala, Gary, Ind., for appellee.

MOODY, District Judge.

Creditor appeals from an adverse judgment in the Bankruptcy Court on its Petition for Relief from the Automatic Stay. The Bankruptcy Court judgment is REVERSED.

FACTS

The facts in this case are as follows: On October 6, 1977, the debtor executed a mortgage note in favor of Meridian Mortgage Company for the amount of $23,500.00. The note was secured by the debtor's residence and included an acceleration clause. The note and...

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