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IN RE WHITE

Bankruptcy No. 87-10548-JNG.

88 B.R. 498 (1988)

In re Peter J. WHITE a/k/a Pufferbellies and Jeanne Marie White, Debtors.

United States Bankruptcy Court, D. Massachusetts (Boston).

July 1, 1988.

Attorney(s) appearing for the Case

Jon D. Schneider, Goodwin, Procter & Hoar, Boston, Mass., for creditor-Wedgestone Realty Investors Trust.

Christopher W. Parker, Hinckley Allen Tobin & Silverstein, Boston, Mass., for debtors.

MEMORANDUM

JAMES N. GABRIEL, Chief Judge.

I. INTRODUCTION

Wedgestone Realty Investors Trust ("Wedgestone") has filed a claim against the Debtors based upon a loan made in June of 1986 secured by four properties owned by the Debtors individually or as trustees of real estate trusts. Wedgestone's claim, as of January 1, 1988, totals $4,032,011.03. It consists of the remaining loan balance of $2,460,000, insurance premiums of $14,052.08, appraisal...

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