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IN RE LANE

Bankruptcy No. 586-50260, Adv. No. 586-5097.

103 B.R. 816 (1987)

In re Jesse L. LANE and Carolyn H. Lane, Debtors. Jesse L. LANE and Carolyn H. Lane, Plaintiffs, v. SMALL BUSINESS ADMINISTRATION, Defendant.

United States Bankruptcy Court, N.D. Texas, Lubbock Division.

September 29, 1987.

Attorney(s) appearing for the Case

R. Byrn Bass, Jr., The Bass Law Firm, Lubbock, Tex., for debtors.

Gail Robertson, Attorney-Advisor, U.S. Small Business Admin., Lubbock, Tex., for the SBA.

MEMORANDUM OF OPINION

JOHN C. AKARD, Bankruptcy Judge.

Jesse L. Lane and Carolyn H. Lane (Debtors) filed this Adversary Proceeding to determine the validity of liens held by the United States Small Business Administration (SBA) on approximately 158 acres of land in Parmer County, Texas (Subject Property). The Debtors assert that the Subject Property is their rural homestead and that the SBA's liens are therefore not valid.

FACTS

The Debtors...

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