United States Bankruptcy Court, E.D. Tennessee April 14, 1981, Bankruptcy No. 1-80-00588, Adv. No. 1-80-0188 (Ford Motor Credit Co. v. Ken Gardner Ford Sales, Inc. (In Re Ken Gardner Ford Sales, Inc.))

MEMORANDUM

RALPH H. KELLEY, Bankruptcy Judge.

Introduction

Ken Gardner Ford Sales, Inc., (Ken Gardner) was a Ford dealer. Ford Motor Credit Company (FMC) financed the purchase of certain vehicles and retained a security interest. In March, 1980, Ken Gardner filed a petition in bankruptcy under the Bankruptcy Reform Act of 1978.