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IN RE McCALLEN

Bankruptcy No. 383-04278.

49 B.R. 948 (1985)

In re Cecil W. McCALLEN and Bessie McCallen, dba McCallen Equipment Rental Co.; dba McKay Creek Farm, Debtors.

United States Bankruptcy Court, D. Oregon.

June 11, 1985.

Attorney(s) appearing for the Case

Kenneth Solomon, Beaverton, Or., for debtors, McCallen.

Steven Orcutt, Portland, Or., for movants, John and Shirley Welch.

J. Stephen Werts, Portland, Or., for Great American Ins. Co.

Christine Kitchel, Portland, Or., for Ticor Title Ins. Co.

MEMORANDUM OPINION

ELIZABETH L. PERRIS, Bankruptcy Judge.

John and Shirley Welch ("Welch") have requested relief from the automatic stay (11 U.S.C. § 362) in order to allow them to complete a strict foreclosure of a land sale contract wherein they sold the Debtors certain real property known as McKay Creek Farm. The Circuit Court for the State of Oregon for Washington County ("State Court") granted the Debtors until December 31, 1983 to redeem the property...

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