In Re Liles and Raymond

MEMORANDUM

GEORGE C. PAINE, Bankruptcy Judge.

This matter is before the court on the debtor Liles and Raymond’s application requesting the court to allow the debtor-in-possession to use cash collateral consisting of milk proceeds assigned to Farmers Home Administration (hereinafter “FmHA”) pursuant to 11 U.S.C. § 363(e)(2). FmHA opposes the debtor’s application on the grounds that the milk proceeds assigned to FmHA are not property of the estate and that, even if the proceeds are property of estate, FmHA has not been provided adequate protection under 11 U.S.C. § 363(e). A hearing on the…