Storer v. Thorp Credit Inc. (In Re Storer)

ELLIS W. KERR, Bankruptcy Judge.

FACTS

Findings by the Court not necessary. Facts are stipulated. They are:

This case was commenced by the filing on January 18,1980, of a voluntary petition for relief by debtors under Chapter 7 of Title 11 of the United States Code.

This complaint is filed by the debtors under 11 U.S.C. Section 522(f) to avoid a non-possessory, non-purchase-money security interest in household and personal goods.

On or about October 15, 1979, debtors obtained a loan designated account number 32507-6 from the defendant. As security for such loan, the defendant insisted upon and…