MATTER OF McATEER

Bankruptcy No. 89-02296.

130 B.R. 726 (1991)

In the Matter of Raymond and Helen McATEER.

United States Bankruptcy Court, D. New Jersey.

August 16, 1991.


Attorney(s) appearing for the Case

Gregory R. McCloskey, Begley & McCloskey, Moorestown, N.J., for First Fidelity Bank, N.A.

Eric J. Clayman, Jenkins & Jenkins, Haddon Heights, N.J., for debtor, Helen McAteer.

Robert M. Wood, Wood, Broege & Fischer, Manasquan, N.J., Standing Trustee.


OPINION

WILLIAM H. GINDIN, Chief Judge.

I. Introduction

Presently before the court is the motion of Helen McAteer ("Mrs. McAteer"), a debtor herein, to declare excess insurance proceeds property of the estate and the cross motion of First Fidelity Bank ("FFB") for reconsideration of its claim. For the reasons set forth below, this court has determined that the excess insurance policy proceeds are property of the estate and are recoverable...

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