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IN RE WILLIAMS

No. 12 B 04730.

474 B.R. 604 (2012)

In re Leroy WILLIAMS, Debtor.

United States Bankruptcy Court, N.D. Illinois, Eastern Division.

July 11, 2012.

Attorney(s) appearing for the Case

Martin A. Lear, Law Offices of Ernesto Borges, Chicago, IL, for Debtors.

David L. Hazan, Diver, Grach, Quade & Masini, Waukegan, IL, for Deutsche Bank.

Memorandum of Judgment

EUGENE R. WEDOFF, Bankruptcy Judge.

This Chapter 13 bankruptcy case is before the court on the debtor's motion to enforce the automatic stay. The debtor guaranteed the debt of a corporation that he owned, and, as guarantor, he has a right under § 9-601 of the Uniform Commercial Code (the "UCC") to redeem the corporation's property securing the debt. The debtor contends that by taking...

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