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IN RE SCHIAVONI

Bankruptcy No. 80-00569K, Adv. No. 81-1089K.

19 B.R. 51 (1982)

In re Henry R. SCHIAVONI and Angela Schiavoni, Debtors. Henry R. SCHIAVONI and Angela Schiavoni, Plaintiffs, v. BENEFICIAL CONSUMER DISCOUNT CO. INC., Philadelphia Consumer Discount Company, Inc., Princeton Consumer Discount Co., Inc. and Southeast National Bank, Inc., Defendants.

United States Bankruptcy Court, E.D. Pennsylvania.

April 13, 1982.

Attorney(s) appearing for the Case

Eugene J. Malady, Upper Darby, Pa., for plaintiffs/debtors.

James J. O'Connell, Philadelphia, Pa., Trustee.

L.P. Goldberger, Philadelphia, Pa., for defendant Consumer Disc. Co., Inc.

Richelle Hittinger, Philadelphia, Pa., for defendant/Southeast Nat. Bank.

Edward J. DiDonato, Philadelphia, Pa., for defendant Beneficial Consumer Disc. Co.

OPINION

WILLIAM A. KING, Jr., Bankruptcy Judge.

This case comes before the Court on a complaint filed by the debtors to determine the extent of the security interests of several allegedly secured creditors. The extent of a secured claim, in the first instance, is dependent upon the value of the collateral in question. The issue which is before the Court, therefore, is the value of the collateral. All the creditors...

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