United States Bankruptcy Court, E.D. Virginia January 7, 1981, 19-30342 (Security Pacific Finance Corp. v. Barto (In Re Barto))

HAL J. BENNEY, Jr., Bankruptcy Judge.

An entirely new and now highly controversial feature was placed in the Bankruptcy Code which did not appear in the prior Act. It is section 522(f), 11 U.S.C. 522(f). Its provisions would permit a debtor to avoid a non-possessory, non-purchase money security interest in certain exempt household goods.