Chase Home Mortgage Corp. v. Klepper (In Re Klepper)

OPINION AND ORDER

THOMAS C. GIBBONS, Bankruptcy Judge:

Movant, Chase Home Mortgage Corporation, commenced this proceeding pursuant to § 362(d) of the Bankruptcy Code seeking relief from the automatic stay in order to proceed with its mortgage foreclosure on the debtors’ premises. For the reasons provided herein, we grant the Movant’s requested relief.

FINDINGS OF FACT

An evidentiary hearing was held from which we make the following findings of fact. 1

1. On August 23, 1984, the debtors, John W. Klepper, II and Arlene L. Klepper filed a petition for relief under Chapter 11 of the Bankruptcy Code.

2.…