In re Powell

MEMORANDUM OPINION AND ORDER

JOEL PELOFSKY, Bankruptcy Judge.

In this case Commerce Bank of Springfield claims a security interest in the residence owned by debtors. Mrs. Powell contends that the security interest is not valid as to her asserting that the guaranty which gave rise to the obligation was without consideration and the result of duress as well as fraudulent and unconscionable conduct on the part of Bank officers and employees.

A hearing was held on the Bank’s motion to determine secured status. Debtors appeared in person and by their respective counsel. The Bank appeared by counsel…