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IN RE ANTON

Bankruptcy No. 092-70120-21.

146 B.R. 509 (1992)

In re Karl V. ANTON, Jr., Debtor.

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

October 16, 1992.

Attorney(s) appearing for the Case

Mark N. Parry, Sheri Cavanaugh, Moses & Singer, New York City, for Norstar Bank.

Robert K. Malone, Shanley & Fisher, New York City, for debtor.

David A. Sloane, Mars, Sloane & Conlon, pro se.

Scott Stuart, Office of the U.S. Trustee, Garden City, N.Y.

OPINION

CECELIA H. GOETZ, Bankruptcy Judge:

Before the Court is a motion by Norstar Bank1 ("Norstar") for an order pursuant to 11 U.S.C. § 362(d) and § 553(a) granting it relief from the automatic stay in this voluntary Chapter 11 proceeding filed by Karl V. Anton, Jr. ("Anton" or "Debtor"). Norstar seeks relief from stay so that it may set off against the money owed it by Anton the amount in a bank account

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