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IN RE ROVELL

No. 98 C 0464.

232 B.R. 381 (1998)

In the Matter of Michael J. ROVELL, Debtor. Michael J. Rovell, Plaintiff-Appellant, v. American National Bank, Defendant-Appellee.

United States District Court, N.D. Illinois, Eastern Division.

September 29, 1998.

Attorney(s) appearing for the Case

Lisa I. Fair, Law Offices of Michael J. Rovell, Chicago, IL, for appellant.

Stephan Theodore Mikus, Steven P. Rouse, Scott Gary Reno, Minges, Mikus & Molzahn, Chicago, IL, for appellee.

MEMORANDUM AND ORDER

MORAN, Senior District Judge.

Michael Rovell (Rovell), the Debtor, initiated a voluntary petition for reorganization under Chapter 11 of the Bankruptcy Code in October of 1995. American National Bank and Trust Company of Chicago (Bank) filed a Proof of Claim (claim) for $50,081.25, the amount Rovell admittedly owed on his secured line of credit. Rovell, however, filed an Objection (objection) seeking to reduce ANB's claim by an...

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