IN RE WAGENBACH

Bankruptcy No. 98-82787, Adversary No. 98-8229.

232 B.R. 112 (1999)

In re Kenneth Carl WAGENBACH and Laura Jean Wagenbach, Debtors. Kenneth Carl Wagenbach and Laura Jean Wagenbach, Plaintiffs, v. PHI Financial Services, Inc., Defendants.

United States Bankruptcy Court, C.D. Illinois.

April 21, 1999.


Attorney(s) appearing for the Case

Gary T. Rafool, Rafool & Bourne, Peoria, Illinois, for plaintiffs.

George C. Wood, Bloomington, Illinois, for defendant.

Charles C. Covey, Peoria, Illinois, Trustee.


OPINION

WILLIAM V. ALTENBERGER, Chief Judge.

Before the Court is the objection filed by PHI FINANCIAL SERVICES, INC. (PHI) to the homestead exemption claimed by the Debtors, KENNETH CARL WAGENBACH and LAURA JEAN WAGENBACH, individually as (KENNETH) and (LAURA) and jointly as (DEBTORS), and the complaint filed by the DEBTORS to avoid the judicial lien held by PHI on that real estate.

The basic facts...

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