Ganje v. Telford (In Re Rhine)

MEMORANDUM DECISION

PEDER K. ECKER, Bankruptcy Judge.

The Trustee filed a complaint to sell free and clear of liens, for transfer of liens to proceeds, and to avoid unperfected security interests. This adversary proceeding came on for trial before the undersigned Bankruptcy Judge on June 9, 1982. The Court heard the evidence and arguments of counsel and, being fully informed and advised, finds as follows:

Plaintiff is the duly appointed Trustee in Bankruptcy for the Estate of Gordon Lee Rhine and Marinell (NMN) Rhine who filed a Chapter 7 petition on March 5, 1982.

The sole objecting creditor…