In re King

Ruling: 
Relief from stay granted to allow execution of setoff.
Procedural posture: 
Movant creditor filed a motion for relief from the automatic stay and co- debtor stay, pursuant to 11 U.S.C.S. § 362(d), to permit it to execute a setoff of its obligation to repay the debtor the balance held in the deposit accounts against the debtor's obligation to repay a loan.
Issue: 
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Consumer case opionion summary, case decided on May 29,2008, LexisNexis #0808-038