Beverly Bank v. Johnson (In Re Johnson)

MEMORANDUM AND ORDER

ROBERT L. EISEN, Bankruptcy Judge.

This cause came to be heard on the plaintiff-debtors’ objection to creditor’s secured status and the defendant-creditor’s motion for a judgment on the pleadings in its favor. The court, being fully advised in the premises and having carefully considered the pleadings and memoranda, hereby denies the plaintiff-debtors’ objection and grants the defendant’s motion for a judgment on the pleadings.

The plaintiff-debtors contend that the lien granted against the debtors’ beneficial interest' in their land trusts was not authorized by state law…