Castlen v. Ohio Valley National Bank (In Re Wilson)

MEMORANDUM-OPINION

J. WENDELL ROBERTS, Bankruptcy Judge.

This adversary proceeding came before the Court on January 6, 1989 for trial, at which time the issue was raised as to whether this proceeding was commenced within the applicable statute of limitations. The Court requested the parties to brief the issue, and we have reviewed same. For the following reasons, we find that the Trustee’s action was timely filed.

The facts are briefly stated as follows. On July 10,1987, the debtors, James A. and Fay W. Wilson, (“debtors”) executed a promissory note in favor of Ohio Valley National Bank in the…