Hudgins v. Security Bank of Whitesboro (In Re Hudgins)

OPINION

DONALD R. SHARP, Bankruptcy Judge.

COMES NOW before the Court for consideration the Complaint for Declaratory Judgment filed by Lee and Nancy Hudgins (“Debtors”) and the Motion to Modify Stay filed by the Security Bank of Whitesboro (“Bank”). These matters were consolidated for hearing pursuant to agreement with counsel since they both deal with the same fact situation. This opinion constitutes the Court’s findings of fact and conclusions of law to the extent required by Fed.R.Bankr. Proc. 7052 and disposes of all issues before the Court.

I. COMPLAINT FOR DECLARATORY JUDGMENT

Debtors…