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IN RE WARD

Bankruptcy No. 92-71435, Adv. No. 93-7121.

157 B.R. 643 (1993)

In re Larry S. WARD, Nancy L. Ward, Debtors. Larry S. WARD, Nancy L. Ward, Plaintiffs, v. BANK OF FINDLEY, Champion Federal Savings & Loan, Michael L. Pickerell, First Mutual Savings Bank, Bob Brotherton, United States of America, Internal Revenue Service, Illinois Department of Revenue, Magna Bank of Central Illinois, United States Veterans' Administration, Defendants.

United States Bankruptcy Court, C.D. Illinois.

August 30, 1993.

Attorney(s) appearing for the Case

John Barr, Decatur, IL, for debtors.

James A. Lewis, Springfield, IL, for IRS.

Joseph W. Vigneri, Donald E. Brilley, Decatur, IL, for Bank of Findley.

Jeff Justice, Decatur, IL, for Magna Bank.

OPINION

LARRY L. LESSEN, Chief Judge.

The issue before the Court is whether the Debtors may avoid judicial liens on their homestead pursuant to 11 U.S.C. § 522(f)(1).

The material facts are not in dispute and the proceeding is before the Court on a motion for judgment on the pleadings. (The Debtors have withdrawn their request for an evidentiary hearing.) The Debtors, Larry and Nancy Ward, filed a petition pursuant to Chapter 11 of the...

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