Smith v. Norwest Financial (In Re Smith)

ORDER

A. DAVID KAHN, Bankruptcy Judge.

The Debtors filed the above-styled contested matters seeking to avoid certain liens pursuant to 11 U.S.C. § 522(f)(2)(A). Hearings were held on September 9, 1985 and November 14, 1985, after which the Court took the matters under advisement. Respondents oppose the avoidance of said liens and urge the Court to adopt the guidelines set by the Federal Trade Commission [hereinafter “FTC”] regarding the definition of household goods. This is the only issue before the Court.

Section 522(f)(2)(A) provides that

[notwithstanding any waiver of exemptions, the debtor…