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IN RE BABO

Bankruptcy No. 85-00448E, Adv. No. 86-0015.

81 B.R. 389 (1988)

In re Robert J. BABO and Arlene L. Babo, His Wife, Debtors. Vedder J. WHITE, Esq., Trustee, Plaintiff, v. Robert J. BABO and Hammermill Thrift Plan Trust, Defendants.

United States Bankruptcy Court, W.D. Pennsylvania.

January 20, 1988.

Attorney(s) appearing for the Case

Vedder J. White, Erie, Pa., Trustee.

John P. Kreis, Pittsburgh, Pa., for Hammermill Thrift Plan.

Michael S. Janjanin, Erie, Pa., for Babo.

OPINION AND ORDER

WARREN W. BENTZ, Bankruptcy Judge.

Case Summary

The debtor is a 55 year old male currently employed by Hammermill Paper Company, Inc. ("Hammermill") as a supervisor at a salary of approximately $32,500 per year. He has been employed by Hammermill since January 11, 1952 and has an interest in a pension plan consisting of employee and employer contributions as well as certain stock contributions.

This plan, the Hammermill...

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