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IN RE AYRE

Bankruptcy No. 82-02886 T.

44 B.R. 535 (1984)

In re Fred P. AYRE, Jr. and Marie A. Ayre, Debtors.

United States Bankruptcy Court, E.D. Pennsylvania.

December 3, 1984.

Attorney(s) appearing for the Case

James J. Narlesky, Easton, Pa., for debtors.

Stephen Raslavich, Blue Bell, Pa., for Girard Bank.

Michael J. Connolly, Reading, Pa., for John Deere Co.

Richard C. Ruben, Harrisburg, Pa., for Gable's, Inc.

Alfred S. Pierce, Nazareth, Pa., for Second Nat. Bank of Nazareth.

Frederick L. Reigle, Reading, Pa., Trustee.

MEMORANDUM OPINION

THOMAS M. TWARDOWSKI, Bankruptcy Judge.

Presently before us is Girard Bank's application for an order directing trustee to distribute funds held in escrow to Girard Bank ("Girard"). The funds in question constitute $76,000.00, the amount that was realized from the trustee's public sale of a parcel of the Chapter 7 debtors' real estate. Briefly, Girard's claimed entitlement to these funds results from the following circumstances. In June...

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