IN RE GRAY

Bankruptcy No. 87-05213-C.

87 B.R. 591 (1988)

In re Carl Michael GRAY & Kathrine Wanda Gray, Debtors.

United States Bankruptcy Court, W.D. Missouri, C.D.

June 20, 1988.


Attorney(s) appearing for the Case

Barbara Harris Pape, Columbia, Mo., for debtors.

Norman W. Lampton, Columbia, Mo., for ITT.


MEMORANDUM OPINION

FRANK W. KOGER, Bankruptcy Judge.

A hearing was held on May 4, 1988, to determine Debtors' Motion to Avoid Lien of creditor, ITT, on certain items of Debtors' property given as security for a loan. The Bankruptcy Court held: (1) Debtors' property subject to ITT's security interest was properly exemptible under 11 U.S.C. § 522(f) as household goods with the exception of guns, a swimming pool, and sporting knives. (2) Debtors need not...

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