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IN RE VALE

Bankruptcy No. 87-61695.

110 B.R. 396 (1989)

In re Dean and Susan VALE, Debtors.

United States Bankruptcy Court, N.D. Indiana, Hammond Division, at Gary/Lafayette.

January 23, 1989.

Attorney(s) appearing for the Case

Gene Ryding, Portage, Ind., for debtors.

Joseph McDonald, Merrillville, Ind., for plaintiff.

MEMORANDUM OPINION AND ORDER1

KENT LINDQUIST, Chief Judge.

I

Statement of Proceedings

Dean and Susan Vale (hereinafter: "Debtors") filed their motion on December 17, 1987 to avoid the nonpossessory, non-purchase money lien of Beneficial Finance Co., of Indiana (hereinafter: "Beneficial") pursuant to § 522(f)(2)(A). A timely objection was filed by Beneficial on December 23, 1987.

Pursuant...

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