IN RE USRY

Bankruptcy Nos. 89-10289-ALB, 89-10381-ALB, 89-282-ALB and 89-10295-ALB.

106 B.R. 759 (1989)

In re Charles Hiram USRY, Sr. SSN: 259-68-8034 Debtor. Charles Hiram USRY, Sr., Movant, v. UNITED STATES SMALL BUSINESS ADMINISTRATION and United States Farmers' Home Administration, Respondents. In re James W. WELLS, a/k/a Jimmy Wells, SSN: 255-56-3189 Debtor. James W. WELLS, Movant, v. UNITED STATES FARMERS' HOME ADMINISTRATION, Respondent. In re Julian F. COSBY, Jr., SSN: 253-90-2186 Debtor. Julian F. COSBY, Jr., Movant, v. UNITED STATES FARMERS' HOME ADMINISTRATION, Respondent. In re James Edward CARSON, SSN: 252-60-1841 Debtor. James Edward CARSON, Movant, v. UNITED STATES FARMERS' HOME ADMINISTRATION, Respondent.

United States Bankruptcy Court, M.D. Georgia, Albany Division.

October 16, 1989.


Attorney(s) appearing for the Case

Ben F. Easterlin, IV, Americus, Ga., for movants.

Lillian H. Lockary, Asst. U.S. Atty., Macon, Ga., for respondents.


MEMORANDUM OPINION

JOHN T. LANEY, III, Bankruptcy Judge.

On August 18, 1989, a hearing was held on the Debtors' Motion for Determination of Secured Status. In each case, the Debtors and the respective Respondents have stipulated and entered into consent orders as to the fair market value of the real property under consideration. At the conclusion of the hearing, the issue before this court was whether the amount of the allowed secured claim of a creditor...

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