Farmers National Bank of Osborne v. Mettlen (In Re Mettlen)

MEMORANDUM AND ORDER

SAFFELS, District Judge.

I. INTRODUCTION

This matter is before the court on debtors’ appeal from an order of the bankruptcy court. On December 24, 1992, Farmers National Bank of Osborne (“Farmers”) moved to set aside a compromise and settlement agreement it had entered into with debtors. On February 3, 1993, the bankruptcy court held a hearing on Farmers’ motion and on February 19, 1993, entered an order setting aside the compromise and settlement agreement and granting Farmers relief from the automatic stay. Debtors appeal from the February 19, 1993 order.

II. BACKGROUND

Debto…