Simonson v. First Bank of Greater Pittston (In Re Simonson)

MEMORANDUM AND ORDER

NEALON, Chief Judge.

On August 4, 1981, the debtors filed a voluntary petition for relief under Chapter 7 of the Bankruptcy Code (11 U.S.C. § 701 et seq.) and brought an adversary proceeding to avoid two judicial liens pursuant to 11 U.S.C. § 522(f)(1). 1 Both judicial liens were filed in Luzerne County in favor of the defendant: one in the face amount of $15,000 (filed to No. 1964 of 1979) and the second in the face amount of $12,000 (filed to No. 1416 of 1980). The debtors allege that the liens of the defendant, unless avoided, impair an exemption in the debtors’ real…