In Re Porter

MEMORANDUM

THOMAS M. TWARDOWSKI, Bankruptcy Judge.

Debtors have filed an application to avoid the lien of Union Bank and Truste Company, pursuant to 11 U.S.C. § 522(f) (1979). 1 Specifically, debtors assert that a judgment note signed by them in favor of Union Bank and recorded on October 22, 1976 in the amount of $50,000 is a judicial lien avoidable by virtue of § 522(f)(1) of the Bankruptcy Code. 2 For reasons hereinafter given, we conclude that the lien of Union Bank, if any, is avoidable as a judicial lien pursuant to § 522(f)(1), and, therefore, shall be avoided to the extent it impairs…