U.S.A. for Veterans Administration v. Benson (In Re Benson)

MEMORANDUM OPINION AND ORDER

HELEN S. BALICK, Bankruptcy Judge.

The United States on behalf of the Veterans Administration (V.A.) has moved for relief from the automatic stay and abandonment of the real estate securing the obligation owed to it by the debtors Jeffrey and Nanette Benson (Bensons). The V.A. also has filed an objection to confirmation of the debtors’ plan. Because the basis of the V.A.’s motion and its objection is the same, and counsel has so requested, the court will address the merits of both pleadings jointly.

The Bensons filed bankruptcy under Chapter 7 on January 16,1987.…