Larry Allen Garrison and Jennifer Jan Garrison v. Great Southwest Insurance Co.

ARNOLD, Circuit Judge.

Appellants Larry Allen Garrison and Jennifer Jan Garrison appeal from the order of the District Court, 1 April 1, 1986, affirming the October 11, 1985 order of the Bankruptcy Court 2 holding that the Great Southwest Insurance Company had subro-gation rights to a mortgage held by The National Bank of Arkansas in property owned by the Garrisons. Both courts below held that the subrogation rights arose through a valid partial assignment of a foreclosure judgment from the Bank to the insurance company. For reversal, the appellants rely in the main on the general rule of law…