In re Stanley

ORDER ON OBJECTION TO CLAIM FINDING CLAIMANT TO HOLD A PERFECTED SECURITY INTEREST NOTWITHSTANDING LACK OF RECORDATION

A. JAY CRISTOL, Bankruptcy Judge.

This matter came on to be heard on August 12, 1985 at 9:00 a.m. on the objection of the trustee in bankruptcy to Claim No. 1 filed by Sears, Roebuck & Company.

The court is called upon to decide whether a purchase money security interest in consumer goods is an exception to the requirement that a financing statement must be recorded to perfect a security interest.

Sears, Roebuck & Company timely filed its claim, Claim No. 1, in the amount of…