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IN RE SEIDEL

Bankruptcy No. 81-01086 T, Adv. Nos. 82-0499, 82-0536.

27 B.R. 347 (1983)

In re Franklin E. SEIDEL and Carol C. Seidel, husband and wife, Debtors. Franklin E. SEIDEL and Carol C. Seidel, Plaintiffs, v. The FIRST NATIONAL BANK OF PALMERTON, Defendant, v. JONES TRUCK SALES, Third Party Defendant.

United States Bankruptcy Court, E.D. Pennsylvania.

February 1, 1983.

Attorney(s) appearing for the Case

David Eisenberg, Allentown, Pa., for plaintiffs.

Patrick J. Mellody, Scranton, Pa., for defendant.

John M. Ashcraft, III, Allentown, Pa., for third party defendant.

OPINION

THOMAS M. TWARDOWSKI, Bankruptcy Judge.

In this Chapter 7 case, the debtors are seeking to avoid the transfer of debtor Franklin E. Seidel's alleged equity in a 1973 Mack truck in order to recover and exempt the alleged equity pursuant to Section 522(h) of the Bankruptcy Code, 11 U.S.C. § 522(h). The defendant is the First National Bank of Palmerton (hereinafter "Bank"), which had loaned $8,500.00 to Mr. Seidel in connection with his purchase...

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