In Re Hutchens

MEMORANDUM ON MOTION FOR RELIEF FROM STAY BY TWELVE OAKS COMPANY

RICHARD S. STAIR, Jr., Bankruptcy Judge.

The debtors’ Chapter 13 case was commenced by the filing of a joint voluntary petition on October 9, 1986. 1 On October 24, 1986, Twelve Oaks Company (Twelve Oaks) filed a motion seeking an order declaring the automatic stay (11 U.S.C.A. § 362(a) (West 1979 & Supp.1986)) inapplicable, or, alternatively, for an order granting it relief from the automatic stay (11 U.S.C.A. § 362(d) (West Supp.1986)). This is a core proceeding. § 157(b)(2)(G) (West Supp.1986). 28 U.S.C.A.

I

Twelve Oaks asserts…