IN RE MAGOSIN

Bankruptcy No. 86-01200S.

75 B.R. 545 (1987)

In re A. Joseph MAGOSIN, Sr., Individually and t/a Chirosply and CPS, and Muriel E. Shotwell, Husband and Wife, Debtors.

United States Bankruptcy Court, E.D. Pennsylvania.

June 25, 1987.


Attorney(s) appearing for the Case

James N. Gross, Philadelphia, Pa., for debtors.

Barbara R. Watkins, Norristown, Pa., for Meridian Bank.

Stephen Raslavich, Philadelphia, Pa., trustee.


OPINION

DAVID A. SCHOLL, Bankruptcy Judge.

Before us is a dispute between the Debtors and MERIDIAN BANK (hereinafter referred to as "the Bank"), one of fourteen Respondents named in a Motion by the Debtors to avoid judicial liens against their residential real estate, pursuant to 11 U.S.C. § 522(f)(1). The Bank presses two responses set forth in its Answer: (1) The Debtors should lose their homestead exemptions because of the alleged fraud of the Husband...

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