In Re Gillett

ORDER

JOHN L. PETERSON, Bankruptcy Judge.

At Butte in said District this 21st day of January, 1987.

A motion for relief from the automatic stay has been filed by the Valley Federal Credit Union to foreclose on their security interest in a 1968 Chevrolet Camero, presently in the possession of the Debtor. The Credit Union states the principal balance due stands at $6,035.23 plus interest as of July 81, 1986, while the value of the car does not exceed $4,406.82, thus alleging the Debtor lacks equity in the property. The Credit Union asserts a perfected security interest in the vehicle by the notice…