Yates v. First-Citizens Bank & Trust Co. (In re Yates)

OPINION AND ORDER

THOMAS M. MOORE, Bankruptcy Judge.

This matter comes on to be heard upon the complaint filed by the debtors on January 7,1981, seeking to avoid the defendant’s judicial lien.

After considering all the evidence, this court finds the facts to be as follows:

FINDINGS OF FACT

On March 24,1978, First-Citizens Bank & Trust Company (hereinafter “First-Citizens”) obtained a judgment in the amount of One Hundred Ninety-Four Thousand Six Hundred Fifty-Four and 90/100 Dollars ($194,654.90) against the debtors in Craven County, North Carolina. A transcript of the judgment was docketed in…