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IN RE KIZIS

Bankruptcy No. 5-97-03234.

238 B.R. 89 (1999)

In re Peter M. KIZIS and Jean F. Kizis, Debtors. Franklin First Savings Bank, Movant, v. Peter M. Kizis and Jean F. Kizis, Respondents.

United States Bankruptcy Court, M.D. Pennsylvania, Wilkes-Barre Division.

April 16, 1999.

Attorney(s) appearing for the Case

Lisa M. Doran, Doran & Nowalis, Wilkes-Barre, PA, for Debtors.

Ernest A. Sposto, Jr., Rosenn, Jenkins & Greenwald, Wilkes-Barre, PA, for Movant.

OPINION1

JOHN J. THOMAS, Bankruptcy Judge.

This Motion calls into question the interaction between 11 U.S.C. § 552(a), § 552(b), and 13 Pa.C.S.A. § 9306(a) ("proceeds"; rights of secured party on disposition of collateral) and the terms of an executed security agreement and financing statements executed by both Debtors and the Movant Bank. The particular issue presented for resolution is whether the...

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