In Re Nielsen

MEMORANDUM AND ORDER

VAN SICKLE, District Judge.

This is an appeal from a July 19, 1984 order of the Bankruptcy Court for the District of North Dakota. In that order, the Bankruptcy Court denied a motion for an order to prohibit the debtors from using proceeds from their sale of milk.

FACTS

To secure loans made to them, the Debtors granted the United States of America, through the Farmers Home Administration (FmHA), a security interest in all livestock and farm products then owned or thereafter acquired, together with any increases, replacements, substitutions, or additions thereto. FmHA…