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IN RE SANDERS

Bankruptcy No. 5-81-00209, Adv. No. 5-82-0059.

28 B.R. 685 (1983)

In re Charles E. SANDERS, Marta L. Sanders, Debtors. The PADUCAH BANK AND TRUST COMPANY, Plaintiff, v. Charles E. SANDERS, Marta L. Sanders d/b/a Charles E. Sanders Company, Defendants.

United States Bankruptcy Court, W.D. Kentucky.

February 4, 1983.

Attorney(s) appearing for the Case

Charles M. Chaney, Paducah, Ky., for defendants-debtors.

K. Gail Russell, Paducah, Ky., for plaintiff.

MEMORANDUM AND ORDER

G. WILLIAM BROWN, Bankruptcy Judge.

Plaintiff here seeks relief from the automatic stay pursuant to 11 U.S.C. § 362(d) alleging that it is a secured creditor on real estate owned by the debtors with an outstanding balance due of $28,434.58. It is further alleged that there are additional secured interests in the realty in question totaling $83,900.00, as well as execution liens in the amount of $25,394.14, for a total encumbrance...

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