IN RE BRENNAN

Bankruptcy No. 81-03899G, Adv. No. 86-0699G.

71 B.R. 706 (1987)

In re David W. BRENNAN, Jr., Deborah A. Brennan, Debtor. David W. BRENNAN, Jr., Deborah A. Brennan, Plaintiffs, v. KNIGHTS OF COLUMBUS FEDERAL CREDIT UNION, Defendant.

United States Bankruptcy Court, E.D. Pennsylvania.

As Amended April 9, 1987.


Attorney(s) appearing for the Case

Mitchell W. Miller, Miller and Miller, Philadelphia, Pa., for debtor/plaintiffs, David W. Brennan, Jr. and Deborah A. Brennan.

Lawrence J. Tabas, Leona Mogavero, Charen & Goldberg, Philadelphia, Pa., for defendant, Knights of Columbus Federal Credit Union.


OPINION

BRUCE FOX, Bankruptcy Judge:

This is an adversary proceeding brought by two chapter 7 bankruptcy debtors, who received their discharge in 1982, against a creditor who held judicial liens on residential real property owned by the debtors at the time they filed their petition. In the course of the bankruptcy, the debtors avoided the liens created by two confessed judgments which were entered as security for the debtors' indebtedness. The debtors, however...

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