In Re Farson

MEMORANDUM OPINION AND ORDER

RICHARD L. SPEER, Bankruptcy Judge.

This cause comes before the Court upon Debtors’ Motion to Avoid Lien pursuant to 11 U.S.C. § 522(f); and Debtor’s letter filed with the Court on July 14, 1994. The Court has reviewed the documents submitted and the relevant case law, as well as the entire record in this matter. Based upon that review, and for the following reasons, the Court finds that the Debtor’s Motion should be GRANTED, in part, and DENIED, in part.

FACTS

Associates Financial Services (hereafter “AFS”) granted Howard and Edith Farson, Debtors, a loan in the…