IN RE DeSCHAMP

Bankruptcy No. 82-00251, Adv. No. 84-0344C.

44 B.R. 517 (1984)

In re Hubert Wayne DeSCHAMP and Mary Jane DeSchamp, Debtors. CENTRAL IOWA PRODUCTION CREDIT ASSOCIATION, Plaintiff, v. Hubert Wayne DeSCHAMP and Mary Jane DeSchamp, Defendants.

United States Bankruptcy Court, N.D. Iowa.

November 23, 1984.


Attorney(s) appearing for the Case

Larry G. Gutz and Eric W. Lam, Cedar Rapids, Iowa, for Central Iowa Production Credit Association.

Harry R. Terpstra, Cedar Rapids, Iowa, for debtors-in-possession.


FINDINGS OF FACT, CONCLUSIONS OF LAW, AND ORDER DENYING SECURED STATUS OF PROPERTY, WITH MEMORANDUM

WILLIAM W. THINNES, Bankruptcy Judge.

This case was submitted to the Court on the written pleadings, a joint stipulation of facts, and briefs.

The case before the Court involves the determination of the validity of PCA's security interest in the construction equipment owned by the Debtors-in-Possession. On March 20, 1981, the Debtors and PCA entered...

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