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IN RE CARROLL

Bankruptcy No. AZ-81-1007-KHL.

11 B.R. 725 (1981)

In re Michael Harris CARROLL and Josie Carroll, Debtors. The ARIZONA BANK, Appellant, v. Michael Harris CARROLL and Josie Carroll, Appellees.

United States Bankruptcy Appellate Panels of the Ninth Circuit.

May 26, 1981.

Attorney(s) appearing for the Case

Roland J. LaVallee, Ryley, Carlock & Ralston, Phoenix, Ariz., for appellant.

Paul J. West, Avondale, Ariz., for appellees.

Before KATZ, HUGHES and LASAROW, Bankruptcy Judges.

OPINION

HERBERT KATZ, Bankruptcy Judge:

Under the facts in this case the Arizona Bank held a valid security interest in a pickup truck owned by the debtors herein and valued at $2,400.00. In the court below the debtors applied for a redemption of the truck in installment payments. On January 1, 1981, Judge Maggiore ordered that a redemption under 11 U.S.C. § 722 can be made in installment payments. 7 B.R. 907 (Bkrtcy...

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