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IN RE VAN CLOOSTERE

Bankruptcy No. BK 88-40001.

94 B.R. 131 (1988)

In re Robert E. VAN CLOOSTERE and Maxine Van Cloostere, Debtor(s).

United States Bankruptcy Court, S.D. Illinois.

December 9, 1988.

Attorney(s) appearing for the Case

James M. Wexstten, Douglas A. Antonik, Mt. Vernon, Ill., for debtors.

•eil F. Hartigan, Atty. Gen., Frank A. Hess, Asst. Atty. Gen., Springfield, Ill., for Illinois Grain Ins. Corp. and Illinois Dept. of Agriculture.

MEMORANDUM AND ORDER

KENNETH J. MEYERS, Bankruptcy Judge.

On January 4, 1988, debtors, Robert and Maxine Van Cloostere, filed their individual bankruptcy petition under Chapter 7 of the Bankruptcy Code. Debtors are the officers and sole shareholders of Texas Junction Grain, Inc., a grain elevator in Murphysboro, Illinois. As such, debtors had executed a guaranty agreement with the Illinois Department of Agriculture (Department) in which they personally guaranteed...

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