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IN RE WEBB

Bankruptcy No. 589-50661-7, Adv. No. 589-5108.

119 B.R. 114 (1990)

In re James Thomas WEBB, Sr., and Verda Faye Webb, d/b/a Webb Auto Supply, Debtors. James Thomas WEBB, Sr., and Verda Faye Webb, d/b/a Webb Auto Supply, Plaintiffs, v. RESERVE LIFE INSURANCE COMPANY, Defendant.

United States Bankruptcy Court, N.D. Texas, Lubbock Division.

September 24, 1990.

Attorney(s) appearing for the Case

Robert St. Clair, Curry, Curry & Robinson, Lubbock, Tex., for debtors.

R. Byrn Bass, Jr., Harding, Bass, Fargason & Booth, Lubbock, Tex. and Roger Fuller, Strasburger & Price, Dallas, Tex., for Reserve Life.

MEMORANDUM OF OPINION ON HOMESTEAD

JOHN C. AKARD, Bankruptcy Judge.

The Debtors claimed a business homestead in retail property and asserted that the lien Reserve Life Insurance Company (Reserve) held was invalid. Having determined that the lien is valid, the court denies the Debtors' complaint.

Facts

James Thomas Webb, Sr., and Verda Faye Webb, d/b/a Webb Auto Supply (Debtors) filed for...

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