IN RE CHISM

Bankruptcy Nos. 83-01066, 83-01067.

50 B.R. 55 (1985)

In re Doyle CHISM, Norma Chism, Debtors.

United States Bankruptcy Court, M.D. Alabama, S.D.

April 5, 1985.


Attorney(s) appearing for the Case

Salem N. Resha, Jr., Birmingham, Ala., for petitioner, Army Aviation Center Federal Credit Union.

William C. Carn, III, Dothan, Ala., for debtors, respondents.


OPINION ON ORDER GRANTING MOTION TO LIFT STAY

(Army Aviation Center Federal Credit Union)

RODNEY R. STEELE, Bankruptcy Judge.

Creditor filed a motion to lift stay to foreclose on certain real property which served as security for a note by debtor. This note and mortgage were in default at the filing of reorganization and creditor alleged no adequate protection. Debtor joined issue with a defense of equity in the property.

The case was called...

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