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IN RE BALLANCE

Bankruptcy No. 83-00171-N, APN 83-0332-N.

33 B.R. 89 (1983)

In re Mark Lin BALLANCE, Debtor. FIRST AND MERCHANTS NATIONAL BANK, Plaintiff, v. Mark Lin BALLANCE, and Tom C. Smith, Trustee, Defendants.

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

September 20, 1983.

Attorney(s) appearing for the Case

Carl A. Eason, Wolcott, Spencer, Rivers, Wheary, Basnight & Kelly, P.C., Norfolk, Va., for First and Merchants Nat. Bank.

Alexander P. Smith, Smith & Owens, Norfolk, Va., for debtor/defendant.

AN ORDER TO PREVENT A WRONG

HAL J. BONNEY, Jr., Bankruptcy Judge.

Once upon a time in the East, the debtor, Mark Lin Ballance, in better days than these, financed a merry Oldsmobile through First & Merchants National Bank giving, of course, a perfected security interest in the vehicle. During the four year term of the contract, the bank will enjoy $3,021.28 in interest on $8,900.00.

When in February of this year the debtor dared file bankruptcy...

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