MATTER OF HOYT

Bankruptcy No. 88-1042-W J, Adv. No. 88-0119.

93 B.R. 540 (1988)

In the Matter of Clyde HOYT, Sherry Hoyt, Debtors. Clyde E. HOYT, Sherry L. Hoyt, Plaintiffs, v. UNITED STATES of America acting Through the SMALL BUSINESS ADMINISTRATION, Defendant.

United States Bankruptcy Court, S.D. Iowa.

December 1, 1988.


Attorney(s) appearing for the Case

Charles L. Smith, Council Bluffs, Iowa, for debtors.

C.R. Hannan, Chapter 7 Trustee, Council Bluffs, Iowa.

Kevin R. Query, Asst. U.S. Atty., Des Moines, Iowa, for U.S.A.


MEMORANDUM OF DECISION

LEE M. JACKWIG, Chief Judge.

The United States of America on behalf of the Small Business Administration (SBA) filed a motion to dismiss the above captioned adversary proceeding on July 14, 1988. In their complaint to determine secured status, the Hoyts ask the court to determine the extent of the SBA's secured claim and to order the release of unsecured claims or to permit the curing of defaults on liens which are adequately secured...

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