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IN RE CLEMENT

Bankruptcy SB89-01561 MG, Adv. No. SB89-0242 MG.

136 B.R. 557 (1992)

In re Richard Delmon CLEMENT and Jacqueline Clement, Debtors. Arnold WEINER, an individual doing business as Alway Financial, Plaintiff, v. Jacqueline CLEMENT, Defendant.

United States Bankruptcy Court, C.D. California.

February 5, 1992.

Attorney(s) appearing for the Case

Travis & Travis, Grand Terrace, Cal., for Jacqueline Clement.

David M. Marcus, Marian Gahagan, Hirschman & Marcus, Los Angeles, Cal., for Arnold Weiner.

MEMORANDUM OF DECISION

MITCHEL R. GOLDBERG, Bankruptcy Judge.

FACTS

On January 4, 1989,1 Raymond Dyes, as pastor of the First Baptist Missionary Church ("Dyes"), entered into a contract with Arnold Weiner, an individual doing business as Alway Financial ("Alway Financial" or "Weiner"), to obtain a loan in the amount of $210,000.00. The loan was to be secured by certain real property owned by Dyes. Dyes signed a loan...

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