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IN RE PAPPALARDO

Bankruptcy No. 89 B 20666.

109 B.R. 622 (1990)

In re Peter S. PAPPALARDO and Jane P. Pappalardo, Debtors.

United States Bankruptcy Court, S.D. New York.

January 29, 1990.

Attorney(s) appearing for the Case

Fink, Weinberger, Fredman, Berman, Lowell & Fensterheim, P.C., White Plains, N.Y., for Alliance Funding Co.

Barr and Faerber, Spring Valley, N.Y., for debtors.

DECISION ON ORDER TO SHOW CAUSE FOR ORDER NULLIFYING AUTOMATIC STAY

HOWARD SCHWARTZBERG, Bankruptcy Judge.

The Chapter 13 debtors, Peter S. Pappalardo and his wife, Jane P. Pappalardo ("debtors"), oppose the motion by Alliance Funding Company ("Alliance"), which seeks to annul the automatic stay under 11 U.S.C. § 362 so as to validate its mortgage foreclosure sale which took place approximately 24 minutes after the debtors filed their second Chapter 13...

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