IN RE CROUCH

Bankruptcy No. 5-87-00083-BKC-RWK, Adv. No. 5-87-0017.

80 B.R. 364 (1987)

In re Clarence CROUCH, Jr., Pamela Sue Eubank Crouch, Debtors. Clarence CROUCH, Jr., Pamela Sue Eubank Crouch, Plaintiffs, v. PIONEER FEDERAL SAVINGS BANK, The Lomas & Nettleton Company, Defendants.

United States Bankruptcy Court, W.D. Virginia, Harrisonburg Division.

December 18, 1987.


Attorney(s) appearing for the Case

Ellen M. Arthur, Lexington, Va., for debtors.

James J. Burns, Richmond, Va., for The Lomas & Nettleton Co.

Scot A. Katona, Norfolk, Va., for Pioneer Sav. Bank.


MEMORANDUM OPINION

ROSS W. KRUMM, Bankruptcy Judge.

The matter before the court for decision involves an adversary proceeding instituted by the debtors to utilize the provisions of 11 U.S.C. § 506(d) to reduce the amount of lien indebtedness owed to Pioneer Federal Savings Bank. Related to the adversary proceeding is a motion filed by Pioneer Federal Savings Bank for abandonment of the property subject to its...

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