MEMORANDUM OPINION AND ORDER
ROBERT L. BERRY, Bankruptcy Judge.
STATEMENT OF THE CASE
The question presented to this Court is whether a renewal loan which includes the balance of the original purchase loan plus a cash advance to the debtor will cause a security to lose its purchase money character for purposes of lien avoidance action under 11 U.S.C. § 522(f).
The parties have stipulated to the following facts:
1. On September...
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