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IN RE PHELPS

Bankruptcy No. 95-20420-B.

186 B.R. 655 (1995)

In re Richard K. and Nancy G. PHELPS, Jr., Debtors.

United States Bankruptcy Court, E.D. Virginia, Norfolk Division.

August 7, 1995.

Attorney(s) appearing for the Case

Peter Chiusano, Willcox & Savage, Norfolk, VA, for Cenit Bank.

Dean W. Sword, Portsmouth, VA, for debtors.

MEMORANDUM OPINION

DOUGLAS O. TICE, Jr., Bankruptcy Judge.

This proceeding comes before the court on debtors' objection to Cenit Bank's unsecured proof of claim for a deficiency following the sale of collateral. The issue is whether Cenit's notice of a private sale of a repossessed collateral complied with section 8.9-504 of the Virginia Code. For the reasons stated in this opinion, the objection will be overruled...

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