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IN RE AGUIAR

Bankruptcy No. 90-00259-7.

116 B.R. 223 (1990)

In re Melvin G. AGUIAR and Susan Lynn Aguiar, Husband and Wife, Debtors.

United States Bankruptcy Court, D. Idaho.

July 3, 1990.

Attorney(s) appearing for the Case

Kenneth L. Anderson, Lewiston, Idaho, for trustee.

Theodore O. Creason, Ware, O'Connell & Creason, Lewiston, Idaho, for GMAC.

MEMORANDUM OF DECISION

ALFRED C. HAGAN, Chief Judge.

The debtors filed their Chapter 7 petition on January 26, 1990. After GMAC moved to have the automatic stay lifted the trustee moved to avoid the security interest of GMAC in a boat, motor and trailer owned by the debtors.

The parties have stipulated to the following facts:

1. That at the time of purchase the debtors were residents of Nevada.

2. The purchase of the boat, motor and...

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