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IN RE GIBSON

Bankruptcy No. 98-47101 TG.

234 B.R. 776 (1999)

In re Kenneth W. GIBSON and Ramona Gibson, Debtors.

United States Bankruptcy Court, N.D. California, Oakland Division.

June 3, 1999.

Attorney(s) appearing for the Case

Lawrence Szabo, Oakland, CA, for debtor.

Todd Kehrli, Concord, CA, for creditor.

MEMORANDUM OF DECISION

LESLIE TCHAIKOVSKY, Bankruptcy Judge.

The above-captioned debtors (the "Debtors") object to the assertion of secured status for a claim filed by United Airlines Employee's Credit Union (the "Credit Union"), Mr. Gibson's employer. The claim is based on Mr. Gibson's Visa card debt (the "Visa Claim"). The Visa Claim must be allowed as a secured claim if a clause contained in a security agreement...

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