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IN RE WHITE

Bankruptcy No. 596-50686-7.

203 B.R. 613 (1996)

In re Kevin Wayne WHITE, Debtor.

United States Bankruptcy Court, N.D. Texas, Lubbock Division.

December 19, 1996.

Attorney(s) appearing for the Case

Max R. Tarbox, Lubbock, TX, for Debtor.

Marc McBeath, Sweetwater, TX, for the Bank.

Floyd D. Holder, Chapter 7 Trustee, Lubbock, TX.

MEMORANDUM OF OPINION ON LIEN AVOIDANCE

JOHN C. AKARD, Bankruptcy Judge.

The Debtor, Kevin Wayne White, seeks to avoid the lien of the First National Bank of Haskell (Bank) on equipment repossessed but not sold at foreclosure sale prior to the Debtor's bankruptcy.1 The court finds that the lien should be avoided.

FACTS

The court adopts the following stipulations of the parties:

1. On May 31, 1995, the...

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