Lovald v. Great Plains Production Credit Ass'n of Burke (In Re Frasch)

MEMORANDUM DECISION, ORDER AND JUDGMENT

PEDER K. ECKER, Bankruptcy Judge.

This case is before the Court on a complaint filed by John S. Lovald, Trustee, pro se, seeking a determination by the Court of the rights of the parties to certain milk diversion program payments payable to Raymond Frasch from the Agricultural Stabilization and Conservation Service (ASCS) in the amount of $4,993.80. The issue is whether, on the date of the filing of the debtors’ Chapter 7 bankruptcy petition, the Great Plains Production Credit Association (PCA) had a properly perfected security interest in these milk…