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IN RE FREEMAN

Bankruptcy No. LA-81-08465(CA).

33 B.R. 234 (1983)

In re Seth Richard FREEMAN, dba The Gold Chain Supermarket, Inc. and Seth R. Freeman Fine Jewelry and Accessories, Debtor.

United States Bankruptcy Court, C.D. California.

September 8, 1983.

MEMORANDUM OF DECISION

CALVIN K. ASHLAND, Bankruptcy Judge.

BACKGROUND

This motion seeks to set aside a secured claim in excess of the value of certain collateral. The trustee asserts that the balance of the claim should be treated as an unsecured claim.

FACTS

The individual debtor and another formed a partnership named The Gold Chain Supermarket for the purpose of conducting a retail jewelry business. On May 21, 1978 the partnership...

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