United States Bankruptcy Court, E.D. Pennsylvania February 20, 1981, 19-11321 (Fidelity Bond & Mortgage Co. v. Britton (In Re Britton))

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United States · · · 20-02-1981

OPINION

WILLIAM A. KING, Jr., Bankruptcy Judge.

Fidelity Bond and Mortgage Company (“Fidelity”) has commenced an adversary proceeding to vacate the automatic stay imposed by Bankruptcy Code § 362 in order to permit it to proceed to Sheriff’s sale.

The debtors request that the stay be continued contending that Fidelity is adequately protected because the mortgage in question is federally insured.

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