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IN RE REYNOLDS

Bankruptcy No. 80-02060-8 (NA), Adv. No. M-83-0101-AP.

31 B.R. 296 (1983)

In re Preston D. REYNOLDS, Jr., Debtor. Preston D. REYNOLDS, Jr., Plaintiff, v. N.C. STATE EMPLOYEES CREDIT UNION, Defendant.

United States Bankruptcy Court, E.D. North Carolina.

June 20, 1983.

Attorney(s) appearing for the Case

Herbert Frank Allen, Tarboro, N.C., for plaintiff.

Peter J. Sarda, Raleigh, N.C., and J. Russell Kirby, Wilson, N.C., for defendant.

MEMORANDUM OPINION

A. THOMAS SMALL, Bankruptcy Judge.

This matter is before the Court upon the complaint of Preston Douglas Reynolds, Jr., a chapter 7 debtor, seeking to recover the proceeds of his state employee retirement benefits which were taken by the Defendant State Employees' Credit Union to satisfy a discharged debt. A trial was held at Wilson, North Carolina, on May 13, 1983.

FACTS

The facts are not disputed.

On May 15...

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