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IN RE SPRUILL

Bankruptcy No. 85-01926-SO5, Adv. No. S-87-0257-AP.

83 B.R. 359 (1988)

In re William W. SPRUILL, Ellen T. Spruill, Debtors. William W. SPRUILL Ellen T. Spruill, Plaintiffs, v. SOUTH ATLANTIC PRODUCTION CREDIT ASSOCIATION, Defendant.

United States Bankruptcy Court, E.D. North Carolina.

March 10, 1988.

Attorney(s) appearing for the Case

Mark C. Kirby, Faison, Brown, Fletcher & Brough, Raleigh, N.C., for defendant.

Rebecca H. Glass, Smith, Debnam, Hibbert & Pahl, Raleigh, N.C., for plaintiffs.

MEMORANDUM OPINION AND ORDER

A. THOMAS SMALL, Bankruptcy Judge.

The matters before the court are cross-motions for summary judgment in this adversary proceeding filed by the chapter 11 debtors, William W. Spruill and Ellen T. Spruill, against South Atlantic Production Credit Association ("PCA") on November 4, 1987. A hearing on the summary judgment motions was held in Raleigh, North Carolina, on February 29, 1988.

The relevant facts are undisputed...

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