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IN RE SABELKA

Bankruptcy No. 83-02341, Adv. No. 84-0054 W.

57 B.R. 972 (1986)

In re Linus John SABELKA and Doris Sabelka, Debtors. Wesley B. HUISINGA, Plaintiff/Trustee, v. SECURITY BANK & TRUST COMPANY, Defendant.

United States Bankruptcy Court, N.D. Iowa.

February 21, 1986.

Attorney(s) appearing for the Case

Wesley Huisinga, Waterloo, Iowa, trustee in bankruptcy.

Richard Phillips, Decorah, Iowa, for Sec. Bank and Trust Co.

MEMORANDUM OPINION

JAMES E. YACOS, Bankruptcy Judge.

This matter was tried on stipulation as to the facts and memorandums of law submitted by the respective parties without the taking of any further testimony or evidence. The question at issue is whether the plaintiff trustee in bankruptcy can succeed to the debtor's rights to receive certain corn in storage under a federal agricultural program known as the Payment-In-Kind ("PIK") program free of any claim...

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