MEMORANDUM OPINION RE REQUEST FOR RELIEF UNDER § 362(d)
ROBERT L. ORDIN, Bankruptcy Judge.
The debtor, PITTS, filed his petition under Chapter 13 on November 26, 1979. At that time he was the owner of residential real property subject to the following encumbrances: a first deed of trust to secure an indebtedness with a current outstanding principal balance of $62,260; and a second deed of trust dated November 10, 1978, having an unpaid balance of principal...
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