MATTER OF FOX

No. 84-2541.

762 F.2d 54 (1985)

In the Matter of Richard Lee FOX and Marlyce Kay Fox, Debtors. Appeal of Peter F. HERRELL, Trustee in Bankruptcy.

United States Court of Appeals, Seventh Circuit.

Decided May 13, 1985.


Attorney(s) appearing for the Case

Peter F. Herrell, Jordan, Herrell & Thiel, Eau Claire, Wis., for plaintiff.

Allan Ohm, Mattka, Robertson & Ohm, Galesville, Wis., for defendant.

Before WOOD, POSNER and FLAUM, Circuit Judges.


POSNER, Circuit Judge.

A trustee in bankruptcy appeals from the district judge's reversal of a bankruptcy judge's disallowance of the claims of two banks to participate in the bankrupt estate as unsecured creditors. The banks are seeking the difference between what the debtors owed them on their loans and what selling the properties by which the loans were secured have yielded or will yield the banks. The only question we...

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