Holman v. Farmers Home Administration (In Re Holman)

MEMORANDUM

KEITH M. LUNDIN, Bankruptcy Judge.

This matter is before the court on the debtor’s complaint to avoid a lien pursuant to 11 U.S.C.A. § 522(f)(2)(B) (West 1979). The Farmers Home Administration (“FMHA”) holds a security interest in several items of debtor’s farm equipment. Debtor alleges to be a farmer and seeks to avoid the FMHA’s lien on the theory that the lien impairs the debtor’s exemption in “tools of the trade.” After consideration of the evidence presented at trial, the stipulations, the briefs and arguments of the parties and the entire record, the court finds that the debtor…