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MATTER OF RANKIN

Bankruptcy No. 81-00626, Adv. No. 82-0388.

52 B.R. 81 (1984)

In the Matter of George Calvin RANKIN, Jr. a/k/a "Buzz Rankin" and Dorothy Rankin, husband and wife, Debtors. FIRST NATIONAL BANK OF MERCER COUNTY, Plaintiff, v. George Calvin RANKIN, Jr. a/k/a Buzz Rankin and Dorothy Rankin; and Henry S. Moore, Trustee, Defendants.

United States Bankruptcy Court, W.D. Pennsylvania.

May 18, 1984.

Attorney(s) appearing for the Case

Henry E. Sewinsky and Rodgers, Perfilio, Heiman & Sewinsky, P.C., Sharon, Pa., for First Nat. Bank of Mercer County.

Henry S. Moore, Grove City, Pa., Trustee pro se.

John Edward Calior, Hermitage, Pa., for debtors.

MEMORANDUM

WM. B. WASHABAUGH, Jr., Bankruptcy Judge.

This matter is before us on a Complaint of the First National Bank of Mercer County for relief from automatic stay in order that it may receive payments due the husband-debtor from the New York Life Insurance Company under contract rights he assigned to the plaintiff June 19, 1975 as collateral for indebtednesses he then and thereafter contracted with said bank.

The debtor-husband was an insurance...

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