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IN RE LEMONS & ASSOCIATES, INC.

Bankruptcy No. BK-R-85-273.

69 B.R. 360 (1987)

In re LEMONS & ASSOCIATES, INC., a Nevada corporation, dba Interwest Leasing, Inc., a Nevada corporation, formerly Lemons Leasing, Inc., a Nevada corporation, dba Interwest Development, Inc., a Nevada corporation, formerly Home Associates, Inc., Debtors.

United States Bankruptcy Court, D. Nevada.

January 14, 1987.

Attorney(s) appearing for the Case

Michael S. McManus, Diepenbrock, Wulff, Plant & Hannegan, Sacramento, Cal., for J. Stephen Lemons, movant.

William D. Cope, Reno, Nev., for Leroy R. Bergstrom (Trustee), Lemons & Associates, Inc., and affiliated entities.

MEMORANDUM DECISION

JAMES H. THOMPSON, Bankruptcy Judge.

FACTS

On June 21, 1985, this court approved a compromise between J. Stephen Lemons and the Trustee for the debtor, Lemons & Associates, Inc., pursuant to which, among other things, Mr. Lemons conveyed real and personal property to the trustee. One of the assets transferred to the trustee was Mr. Lemons' residence. The compromise provided that the trustee was to sell the residence and...

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