Steele v. Cho (In Re Cho)

MEMORANDUM OPINION

BLACKWELL N. SHELLEY, Bankruptcy Judge.

This matter comes before the Court on a motion for relief from stay filed September 24, 1993, and an answer thereto. Samuel W. Steele and Carol J. Steele (“The Steeles”) bring this action under 11 U.S.C. § 362. This Court has jurisdiction of this Contested Matter pursuant to 28 U.S.C. § 1334 and § 157. This is a core matter and this Court may enter final judgment therein.

Findings of Fact

This is substantially a single asset Chapter 11, the debtors, Thomas Hee Cho and Kil Ja Cho, (“The Debtors”) being the owners and operators of a motel…