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IN RE HUNT

No. 800-80682-288.

250 B.R. 482 (2000)

In re William E. HUNT and Ernelle Hunt, Debtors.

United States Bankruptcy Court, E.D. New York.

July 13, 2000.

Attorney(s) appearing for the Case

Neil H. Ackerman, Westbury, NY, trustee.

MEMORANDUM AND ORDER DENYING MOTION FOR RELIEF FROM THE AUTOMATIC STAY BY NASSAU EDUCATORS FEDERAL CREDIT UNION

STAN BERNSTEIN, Bankruptcy Judge.

I. Introduction

Nassau Educators Federal Credit Union (NEFCU) moved for relief from the automatic stay in order to exercise its right to set off part of its outstanding loan balance against deposits in debtors' share accounts under New York State Debtor and Creditor Law § 151 (N.Y.DCL)....

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