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IN RE SHRUM

Bankruptcy No. BK-88-06602-LN.

98 B.R. 995 (1989)

In re Glenna Faye SHRUM, Debtor.

United States Bankruptcy Court, W.D. Oklahoma.

April 12, 1989.

Attorney(s) appearing for the Case

James LaCoste, Oklahoma City, Okl., for debtor.

Anthony W. Villani, Oklahoma City, for Tinker Credit Union.

Before BOHANON, Chief Judge, and LINDSEY and TESELLE, Bankruptcy Judges, en banc.

MEMORANDUM OPINION AND ORDER

PAUL B. LINDSEY, Bankruptcy Judge.

On January 25, 1989, debtor filed her motion for order determining the value of a secured claim and for order voiding lien. Debtor asserted that her home had a market value of $30,000, that it was subject to a first mortgage to Investor Residential Mortgage Company, securing a loan having a principal balance in excess of $30,000, and that it was also subject to a second mortgage in favor of...

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