Jay v. Nesco Acceptance Corp. (In Re Jay)

MEMORANDUM OPINION

ROBERT L. JONES, Bankruptcy Judge.

The claims raised by this adversary proceeding were, at the parties’ request, bifurcated for trial. Presently before the court is the claim made by James Albert Jay and Ann Jay (collectively “Jays”), seeking to cancel a deed purportedly conveying their interest in a .85 acre tract of land as an allegedly pretended sale of their business homestead in violation of the Texas Constitution. Defendants Nesco Acceptance Corp. (“Nesco Acceptance”), Nesco Inc., Bank One Oklahoma, and Line Acquisition One (“Line”) (collectively “Nesco Defendants”)…