IN RE NEWLON

Bankruptcy No. 92-13122-CJK.

150 B.R. 863 (1992)

In re John L. NEWLON and A. Lynne Rothstein, Debtors.

United States Bankruptcy Court, D. Massachusetts.

June 2, 1992.


Attorney(s) appearing for the Case

Jeffrey A. Schreiber, Schreiber & Associates, Danvers, MA, for Ford Motor Credit Co.

Henry J. Boroff, trustee.

Herbert V. Laibach, Waltham, MA, for debtor.


MEMORANDUM OF DECISION ON MOTION OF FORD MOTOR CREDIT COMPANY FOR RELIEF FROM THE AUTOMATIC STAY

CAROL J. KENNER, Bankruptcy Judge.

Ford Motor Credit Company ("Ford") has moved for relief from the automatic stay in order to repossess and liquidate its collateral, a motor vehicle belonging to Debtor A. Lynne Rothstein. The Chapter 7 Trustee has not objected to the Motion, but the Debtor has objected to it on two grounds: (1) there is equity in the property...

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