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IN RE LEE

Bankruptcy No. B83-00533-Y.

35 B.R. 663 (1983)

In re George Edward LEE, Jr., Patricia Lynne Lee, dba Sandy Lee Farm, Debtors.

United States Bankruptcy Court, N.D. Ohio.

December 16, 1983.

Attorney(s) appearing for the Case

James J. Connelly, Warren, Ohio, for debtors.

Dennis L. Carpenter, Warren, Ohio, Stuart W. Kendall, Salem, Ohio, for Warren Production Credit Ass'n.

Thomas Corroto, Youngstown, Ohio, trustee.

FINDING AS TO EXEMPTION CLAIM

HAROLD F. WHITE, Bankruptcy Judge.

Warren Production Credit Association (hereinafter referred to as "WPCA") filed an objection on July 6, 1983 to the claim of exemptions of the debtors in Payment-in-Kind (PIK) benefits. WPCA further requested this Court to determine that it holds a valid security interest in the PIK benefits.

An evidentiary hearing was held and briefs have been filed. The Court makes the following Finding...

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