Steele v. United National Bank, Sioux Falls, South Dakota (In Re Steele)

MEMORANDUM DECISION

PEDER K. ECKER, Bankruptcy Judge.

Kenneth and Lynne Steele filed a Chapter 7 Petition, and, as part of that case, Debtors filed a Complaint to avoid a lien on a 1974 Jeep Wagoneer under 11 U.S.C. Section 522(f). Debtors alleged in the Complaint that United National Bank, Defendant, had a nonpossessory, nonpurchase-mon-ey security interest in the Jeep Debtors claimed as exempt. Debtors requested the Court to avoid the lien and to provide any other relief that might be proper and just.

Defendant’s Answer alleged that Debtors failed to state a claim; that the Bankruptcy Court…