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MATTER OF SCHMIDT

Bankruptcy No. B82-1480-Y, Adv. No. 83-0067.

36 B.R. 144 (1983)

In the Matter of Frank Newton SCHMIDT, Shirley Ann Schmidt, Debtors. Frank Newton SCHMIDT, Shirley Ann Schmidt, Plaintiffs, v. Gerald KESSLER, Defendant.

United States Bankruptcy Court, N.D. Ohio.

October 21, 1983.

Attorney(s) appearing for the Case

Robert A. Ciotola, Youngstown, Ohio, for plaintiffs.

Mark Belinky, Youngstown, Ohio, for defendant.

MEMORANDUM OF DECISION

JAMES H. WILLIAMS, Bankruptcy Judge.

The question presented to the court in this adversary proceeding is the extent to which a judicial lien on exempt property is subject to the debtors' avoidance powers when the judicial lien impairs the debtors' exemption in the property. Involved is the interpretation of Section 522(f) of the Bankruptcy Code and an analysis of the purposes to be served by...

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