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IN RE BURKHOLDER

Bankruptcy No. 80-00303T, Adv. No. 80-0220.

11 B.R. 346 (1981)

In re John H. BURKHOLDER and Carol A. Burkholder, Debtors. John H. BURKHOLDER and Carol A. Burkholder, Plaintiffs, v. NATIONAL CENTRAL BANK and its successors, Defendant.

United States Bankruptcy Court, E.D. Pennsylvania.

May 21, 1981.

Attorney(s) appearing for the Case

Jacques H. Geisenberger, Jr., Lancaster, Pa., for debtors.

William C. McCarty, Lancaster, Pa., for defendant.

OPINION

THOMAS M. TWARDOWSKI, Bankruptcy Judge.

The debtors in this case have filed a complaint to avoid the lien of National Central Bank [now Hamilton Bank and hereinafter referred to as the Bank], pursuant to 11 U.S.C. § 522(f)(1) (1979).1 For reasons hereinafter given, we conclude that the lien should be avoided.2

On March 23, 1978, the debtors entered into a reconsolidation loan...

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