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IN RE EASTWOOD

Bankruptcy No. 95-24195.

192 B.R. 96 (1996)

In re Joel EASTWOOD and Paulette Eastwood, Debtors.

United States Bankruptcy Court, D. New Jersey.

February 13, 1996.

Attorney(s) appearing for the Case

Vincent James Sanzone, Jr., South Orange, NJ, for Debtors.

Federman And Phelan, P.C. by Scott D. Sherman, Westmont, NJ, for Metmor Financial.

OPINION

WILLIAM F. TUOHEY, Bankruptcy Judge.

INTRODUCTION

This matter comes before the court by way of motion of debtors, Joel and Paulette Eastwood, to bifurcate the claim of Metmor Financial, Inc. ("Metmor") into secured and unsecured components pursuant to section 506(a) of the Bankruptcy Code and to strip down1 the lien of Metmor to the fair market value of debtors' property. Metmor opposes debtors...

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