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IN RE PICKETT

Bankruptcy No. 389-03974.

151 B.R. 471 (1992)

In re Jerry C. PICKETT and Rachel Pickett, Debtors. FORD MOTOR CREDIT COMPANY, Movant, v. Jerry C. PICKETT, Rachel Pickett and James Davidson Lane, II, Trustee, Respondents.

United States Bankruptcy Court, M.D. Tennessee.

November 12, 1992.

Attorney(s) appearing for the Case

Kevin J. Jones, Nashville, TN, for movant.

Perry R. Happell, Nashville, TN, for debtors.

James D. Lane, II, Nashville, TN, Trustee.

MEMORANDUM

GEORGE C. PAINE, II, Chief Judge.

INTRODUCTION

The cause before the Court is the motion of Ford Motor Credit Company (Ford) for relief from the automatic stay. The issue is whether Ford still has a lien in the current Chapter 7 case when the Debtors, under their pre-conversion Chapter 13 plan, paid the entire amount due on Ford's secured claim. The Court finds that the Debtors' satisfaction of Ford's allowed secured claim extinguished...

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