RICHARD STAIR, JR., Chief Judge, Bankruptcy
For the reasons stated in the Memorandum on Motion to Avoid Lien filed this date, the court directs the following:
1. The Motion to Avoid Alleged Lien filed by the Debtors on March 4, 2003, seeking to avoid the $26,972.59 judicial lien asserted by Colonial Loan Association, Inc., is GRANTED in part and DENIED in part.
2. Pursuant to 11 U.S.C.A. § 522(f)(1)(A) (West Supp. 2003), Colonial Association, Inc.'s judicial lien encumbering the Debtors' homestead at 8321 Chauvin Lane, Corryton, Tennessee, is avoided to the extent of $15,261.48. The remaining $11,711.11 of Colonial Loan Association, Inc.'s judicial lien remains an encumbrance against the Debtors' homestead.
SO ORDERED.