In Re Louden

MEMORANDUM OPINION

DAVID P. McDONALD, Bankruptcy Judge.

INTRODUCTION

On April 8,1986, Earl W. Louden (“Loud-en”) filed his voluntary Chapter 11 petition. On August 26, 1986, the Equitable Life Assurance Society of the United States (“Equitable”) filed a Motion For Relief From Automatic Stay Or, In The Alternative, For Adequate Protection. After a period of discovery, the parties briefed the issues and the Court held a hearing on the motion on November 19, 1986. Upon the evidence adduced, the briefs of the parties, and all other matters of record, the Court makes the findings of fact and…