IN RE FAZIO

Bankruptcy No. 83-03102G.

59 B.R. 312 (1986)

In re Ralph J. FAZIO, Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

April 21, 1986.


Attorney(s) appearing for the Case

Alan L. Spielman, Philadelphia, Pa., for debtor, Ralph J. Fazio.

David C. Patten, West Chester, Pa., for movant, Southeast Production Credit Ass'n.

Mary F. Walrath, Clark, Ladner, Fortenbaugh & Young, Philadelphia, Pa., for intervenor, Alan Sinton, Ltd., judgment lien holder.

Allan K. Marshall, Philadelphia, Pa., trustee.


OPINION

EMIL F. GOLDHABER, Chief Judge:

The primary point for consideration in this chapter 7 case is whether we should grant a mortgagee's motion for relief from the automatic stay imposed by 11 U.S.C. § 362(a) of the Bankruptcy Code. Since we find that the indebtedness secured by the property exceeds the value of the property, we will grant relief from the automatic stay.

The facts of this case are...

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