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IN RE ONLEY

Bankruptcy No. 58450001, Adv. No. 584-5106.

48 B.R. 891 (1985)

In re Mark K. ONLEY and Anna L. Onley, Debtors. The FIRST STATE BANK OF SHALLOWATER, Plaintiff, v. Mark K. ONLEY, Anna L. Onley, Carol Hale, Internal Revenue Service, United States of America, United States Trustee and Myrtle McDonald, Trustee, Defendants.

United States Bankruptcy Court, N.D. Texas, Lubbock Division.

February 28, 1985.

Attorney(s) appearing for the Case

James Bowman, Lubbock, Tex., for plaintiff.

Myrtle McDonald, Lubbock, Tex., Trustee.

MEMORANDUM AND ORDER

BILL H. BRISTER, Bankruptcy Judge.

The First State Bank of Shallowater ("Bank") filed complaint to determine the validity, priority and extent of liens against the proceeds of sale of a residence once owned by the debtors, Mark K. Onley and Anna L. Onley ("Onley"). Myrtle McDonald ("Trustee") contended that the bank had not perfected a lien. The following summary constitutes findings of fact and conclusions of law.

At all relevant...

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