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IN RE GRANDA

Bankruptcy No. 91-00849E, Motion Nos. 91-1824, LCB-1.

144 B.R. 697 (1992)

In re William R. GRANDA and Carol A. Granda d/b/a Granda Construction d/b/a Keepsake Village, Debtors. MARINE BANK, Movant, v. William R. GRANDA and Carol A. Granda d/b/a Granda Construction d/b/a Keepsake Village and William Pineo, Trustee, Respondents.

United States Bankruptcy Court, W.D. Pennsylvania.

September 15, 1992.

Attorney(s) appearing for the Case

William Pineo, Meadville, Pa., trustee.

Lawrence C. Bolla and Arthur Martinucci, Erie, Pa., for Marine Bank.

Christopher D. Ferry, Meadville, Pa., for debtors.

OPINION

WARREN W. BENTZ, Bankruptcy Judge.

Marine Bank has filed a motion for relief from the automatic stay, seeking to pursue an account receivable of the Debtor. The account receivable was generated by the postpetition efforts of the Debtor, in performance of a contract which was entered into prepetition. Marine Bank had a valid and enforceable security interest in the Debtor's accounts receivable, prepetition.

The Marine Bank argues that its...

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