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IN RE OLICK

Bankruptcy No. 96-22123T.

221 B.R. 146 (1998)

In re Thomas W. OLICK and Kathryn A. Olick, Debtors.

United States Bankruptcy Court, E.D. Pennsylvania, Reading Division.

May 29, 1998.

Attorney(s) appearing for the Case

Thomas A. Capehart, Piosa, Hixson, Giordano & Reilly, Allentown, PA, for National Penn Bank.

William C. House, New York City, for Debtors.

Frederick L. Reigle, Reigle & Gellert, Reading, PA, Trustee.

MEMORANDUM

THOMAS M. TWARDOWSKI, Bankruptcy Judge.

Two related matters are at issue in this contested matter: (1) a motion for relief from the automatic stay filed by National Penn Bank ("NPB") and (2) the Debtors' objections to NPB's proofs of claim. For the reasons explained hereafter, the Debtors' objections will be granted in part and NPB's motion will be denied without prejudice.

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