Panesky v. CIT Financial Services (In Re Panesky)

MEMORANDUM OF DECISION AND ORDER

JOHN F. RAY, Jr., Bankruptcy Judge.

This matter came on for hearing on the' complaint of plaintiffs, Edwin W. Panesky, Jr. and Betty J. Panesky, filed pursuant to 11 U.S.C., § 522(f) of the Bankruptcy Code, to void a lien of the defendant, CIT Financial Services, to the extent defendant’s non-purchase money, non-possessory security interest in household furnishings impairs plaintiffs’ claims to certain exemptions under Ohio Revised Code Section 2329.66, the answer of defendant and stipulations.

The parties stipulated as follows:(1) Edwin W. Panesky, Jr. and Betty…