In Re Neal
United States Bankruptcy Court, N.D. Iowa
1Opinion of the Court
ORDER RE: MOTION TO REDEEM
PAUL J. KILBURG, Chief Judge.
This matter came before the undersigned on August 4, 2004 on Debtors’ Motion to Redeem. Debtors John Neal and Debra Martens-Neal were represented by Attorney Michael Dunbar. Attorney Timothy Sweet appeared for Lincoln Savings Bank. After hearing evidence and arguments of counsel, the Court took the matter under advisement. This is a core proceeding pursuant to 28 U.S.C. § 157(b)(2)(E).
STATEMENT OF THE CASE
Debtors wish to redeem their 1996 Geo Tracker for $800. The Bank has a security interest in the Tracker. It asserts that Debtors have…
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