FRALEY v. COMMERCIAL CREDIT

Civ. A. No. C95-541-L(H).

189 B.R. 398 (1995)

In re Johnny G. FRALEY, Subreana C. Fraley, Debtors/Appellants, v. COMMERCIAL CREDIT and American General Finance, Appellees.

United States District Court, W.D. Kentucky, Louisville Division.

November 16, 1995.


Attorney(s) appearing for the Case

Jan C. Morris, Louisville, Kentucky, for debtors.

Commercial Credit Corporation, Baltimore, Maryland, pro se.

American General Finance of America, Inc., Elizabethtown, Kentucky, pro se.


MEMORANDUM OPINION

HEYBURN, District Judge.

This case is before the Court on Appellants' appeal of two Bankruptcy Court orders. The issue on appeal in this case is whether a stereo, an aquarium and a camcorder, exempt from the bankruptcy estate by virtue of a state statute, are protected by the lien avoidance provision of 11 U.S.C. § 522(f). After hearing oral arguments and considering the applicable law, the Court concludes that the pertinent Bankruptcy...

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