In Re Design Craft, Inc.

MEMORANDUM OPINION AND ORDER

JOEL PELOFSKY, Bankruptcy Judge.

Design Craft, Inc., filed a voluntary petition under Chapter 11 of the Code on November 30, 1981. Commerce Bank of Independence, hereinafter the Bank, was scheduled as a secured creditor holding security interests in inventory, accounts receivable and proceeds, machinery, equipment and other personal property owned by the debt- or. None of the collateral is farm equipment, fixtures or consumer goods.

After notice and a hearing on February 3, 1982 this Court authorized debtor to use cash collateral and required it to resume payments to…