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IN RE MONTANO

Bankruptcy No. 88 B 17672.

98 B.R. 390 (1989)

In re Manuel and Eva MONTANO, Debtors.

United States Bankruptcy Court, N.D. Illinois, E.D.

March 24, 1989.

Attorney(s) appearing for the Case

Sidney Sherman, Chicago, Ill., for debtors.

Clay Mosberg of Mosberg & Garwin, Chicago, Ill., for General Finance Corp.

MEMORANDUM OPINION AND ORDER

JOHN D. SCHWARTZ, Chief Judge.

This case comes before the court on the motion of Manuel Montano and Eva Montano ("Debtors") to avoid the lien of General Finance Corporation ("GFC") on their 1979 Chevrolet Caprice automobile. GFC had moved the court to modify the automatic stay in order to permit GFC to repossess the automobile. GFC claims a balance due to it on the loan made to the Debtors of $4,673.46, substantially more than...

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