United States Bankruptcy Court, N.D. Illinois November 12, 2002, 16-01461 (In Re Bare)

MEMORANDUM OPINION

JOHN H. SQUIRES, Bankruptcy Judge.

This matter comes before the Court on the motion of the United States of America, Department of the Treasury, Internal Revenue Service (the “IRS”) to lift the automatic stay pursuant to 11 U.S.C. § 362(d) to allow it to apply Richard O. Bare and Carol Bare’s (the “Debtors”) 2001 income tax overpayment against their pre-petition tax liabilities.