Popoca v. Household Retail Services Inc. (In Re Popoca)

MEMORANDUM OPINION AND ORDER

RICHARD L. SPEER, Bankruptcy Judge.

This cause came to be heard upon the Complaint of the Debtors’ to Avoid the Lien taken on their household and personal goods under Bankruptcy Code Section 522(f). At the pre-trial, both parties consented to a judgment based upon the memoranda filed.

It appears that the facts in the case are not in dispute. The Debtors purchased furniture from Lasch’s Furniture and T.V., Inc. (Lasch). The purchases were financed through retail installment contracts. Subsequent to these purchases, Lasch assigned its interest in the retail installment…