IN RE PRIME, INC.

Bankruptcy No. 81-03200-S-11.

37 B.R. 897 (1984)

In re PRIME, INC., Debtor.

United States Bankruptcy Court, W.D. Missouri, S.D.

March 21, 1984.


Attorney(s) appearing for the Case

Gary A. Love, Springfield, Mo., for debtor.

Donald B. Steele, Kansas City, Mo., for Creditors CIT Corp. and CIT Financial Services.


MEMORANDUM OPINION AND ORDER

JOEL PELOFSKY, Bankruptcy Judge.

Debtor filed for relief in October of 1981. At that time and to the present it owned certain over-the-road tractors and trailers in which CIT Corporation, hereinafter CIT, and CIT Financial Services, hereinafter Financial, have security interests. Prior to July 1983 no request for adequate protection was made by either creditor and debtor made no payments although it continued to use the vehicles...

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