IN RE McGUINNESS

Bankruptcy No. 91-30996.

139 B.R. 3 (1992)

In Re James and Rene McGUINNESS.

United States Bankruptcy Court, D. New Jersey.

March 31, 1992.


Attorney(s) appearing for the Case

Mary Lynn McCaffrey, Schwall & Becker, Hillsdale, N.J., for Secured Creditor, Citibank, N.A.

Allen I. Gorski, Teich, Groh and Frost, Trenton, N.J., for trustee.


OPINION

STEPHEN A. STRIPP, Bankruptcy Judge.

This is the court's ruling on the motion by Citibank, N.A. for relief from the automatic stay under section 362(d) of title 11, United States Code ("Bankruptcy Code" or "Code"). The debtors filed a petition on February 22, 1991 for liquidation under chapter 7 of the Bankruptcy Code. Barry W. Frost, Esq. was appointed trustee. The debtors owned a cooperative apartment at 428 College Drive, Unit 428, Edison, New...

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