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IN RE BRAMHAM

Bankruptcy No. BK-R-82-424, Adv. No. 83-245.

38 B.R. 459 (1984)

In re Donald and Zoe Ann BRAMHAM, Debtors. Donald and Zoe Ann BRAMHAM, Plaintiffs, v. NEVADA FIRST THRIFT, Defendant.

United States Bankruptcy Court, D. Nevada.

March 15, 1984.

Attorney(s) appearing for the Case

Vernon E. Leverty and Victor Perri, Miller & Daar, Reno, Nev., for plaintiffs.

C.N. Pereos, Reno, Nev., for defendant.

MEMORANDUM DECISION

ROBERT C. JONES, Bankruptcy Judge.

Background*

In April of 1980, plaintiffs Don and Zoe Bramham (debtors) were the owners of a residence and an adjacent undeveloped lot located at Lake Tahoe, Nevada. At that time, the debtors obtained a loan with a principal amount of some $47,000 from defendant Nevada First Thrift (NFT),1 which was secured by a deed of trust on...

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