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IN RE BURNETT

Bankruptcy No. 81-01067 M A, Adv. No. 82-0314.

21 B.R. 752 (1982)

In re Jerry Ray BURNETT and James Cecil Burnett, Debtors. Otis C. WATERFIELD and Margaret Waterfield, his wife, Plaintiffs, v. James Cecil BURNETT, Jr., Jerry Ray Burnett, his wife, and Neil Gittelman, trustee, Defendants.

United States Bankruptcy Court, D. New Mexico.

June 11, 1982.

Attorney(s) appearing for the Case

Michael Guest, Albuquerque, N.M., for plaintiffs.

Douglas T. Francis, Albuquerque, N.M., for defendants Burnett.

Neil Gittelman, Albuquerque, N.M., Trustee.

Walter L. Reardon, Jr., Albuquerque, N.M., for defendant Trustee.

MEMORANDUM OPINION

MARK B. McFEELEY, Bankruptcy Judge.

This matter came before the Court May 20, 1982, on plaintiffs' Motion Requesting Abandonment of Property and Complaint for Relief from Stay. The facts are as follows:

The plaintiffs, Otis C. Waterfield and Margaret Waterfield, sold their business in Tucumcari, New Mexico, to Jerry Ray Burnett and James Cecil Burnett pursuant to various notes, security agreements, mortgages, and contracts signed...

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