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IN RE SOLFANELLI

Bankruptcy No. 5-90-01120, Adv. No. 5-92-0013.

206 B.R. 699 (1996)

In re Joseph R. SOLFANELLI and Natalie G. Solfanelli, his wife, Debtors. Joseph R. SOLFANELLI and Natalie G. Solfanelli, his wife, Plaintiffs, v. MERIDIAN BANK and Stevens and Lee, a Professional Corporation, Defendants.

United States Bankruptcy Court, M.D. Pennsylvania.

Order for Judgment December 10, 1996.

Attorney(s) appearing for the Case

Edward Mannino, Philadelphia, PA, for Joseph R. Solfanelli, Debtor/Plaintiff.

John Doran, Wilkes-Barre, PA, for Natalie G. Solfanelli, Debtor/Plaintiff.

Joan Sheak, Allentown, PA, for Meridian Bank/Defendant.

OPINION

JOHN J. THOMAS, Bankruptcy Judge.

Joseph and Natalie Solfanelli, together with Carmen Tomaine, were indebted to Meridian Bank ("Bank") in the approximate amount of $4.8 million dollars when the Solfanellis filed for bankruptcy under the provisions of Chapter 11 of the United States Bankruptcy Code on October 12, 1990.

At the time of filing, the Bank had as collateral for this debt, some real estate, but more importantly, a significant...

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