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IN RE BALLARD

Bankruptcy No. 80-00840, Adversary Proceeding No. 80-0060.

5 B.R. 570 (1980)

In re Douglas Early BALLARD, Paula Crump Ballard, Debtors. The BANK OF MIDDLESEX and Roger G. Hopper, Trustee, Plaintiffs, v. William C. PARKINSON, Jr., Trustee for Douglas Early Ballard and Paula Crump Ballard, Defendant.

United States Bankruptcy Court, E.D. Virginia, Richmond Division.

August 4, 1980.

Attorney(s) appearing for the Case

James C. Roberts, Joseph R. Mayes, Bradfute W. Davenport, Jr., Mays, Valentine, Davenport & Moore, Richmond, Va., for plaintiffs.

William C. Parkinson, Jr., Richmond, Va., for defendant/Trustee.

Douglas Early Ballard, Urbanna, Va., for debtor and counsel for Paula Crump Ballard, debtor.

SUMMARY

BLACKWELL N. SHELLEY, Bankruptcy Judge.

Plaintiff, Bank of Middlesex and Roger G. Hopper, Trustee, filed a Complaint for Relief from Stay imposed by 11 U.S.C. § 362(a) pursuant to subsection d thereof. The Court found that the Plaintiff Bank had a valid deed of trust securing a note of the Debtors given in the original principal amount of $190,000. The accrued interest on that note as of the date of filing the Chapter 7 proceeding was in excess...

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