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IN RE MAIN

Bankruptcy No. B-86-1582-PHX-SSC, Adv. Nos. 86-406, B.

75 B.R. 322 (1987)

In re James D. MAIN and Sharon E. Main, Debtors. James D. MAIN and Sharon E. Main, Plaintiffs, v. Carl F. BRIM and Ora Brim; and Continental Bank Trust Company, as Trustee of the Carl F. Brim Ira Rollover Trust, Defendants. CONTINENTAL BANK TRUST COMPANY, Trustee of the Carl F. Brim Ira Rollover Trust, Movants, v. James D. MAIN and Sharon E. Main, Debtors-In-Possession, Respondents.

United States Bankruptcy Court, D. Arizona.

April 7, 1987.

Attorney(s) appearing for the Case

Mary K. Farrington-Lorch, Law Offices of James F. Kahn, Phoenix, Ariz., for debtors.

Paul Crane, Marvin Johnson, P.C., Phoenix, Ariz., for Continental Bank/Carl F. Brim, et al.

OPINION AND ORDER

SARAH SHARER CURLEY, Bankruptcy Judge.

On April 21, 1986, the Debtors in this consolidated adversary matter filed for relief under Title 11, United States Code, Chapter 11. On Schedule B-3 of their petition, the Debtors list an ownership interest in three parcels of real property having a reported aggregate value of $702,000. The subject properties are generally described as 5706 North Fourth Street, 315 East Montebello and 321 East Montebello...

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