In Re Bailey

ORDER DENYING CONFIRMATION

DENNIS D. O’BRIEN, Bankruptcy Judge.

This matter was heard on February 11, 2010, on motion of Jasmine Z. Keller, the Chapter 13 trustee, to modify the debtors’ Chapter 13 plan. Margaret Culp appeared on behalf of the trustee and Ronald J. Lundquist appeared on behalf of the debtors. The Court, having heard arguments and received and reviewed briefs filed by the parties and being fully advised in the matter, now makes this ORDER pursuant to the Federal and Local Rules of Bankruptcy Procedure.

I

The debtors obtained confirmation of a 60-month plan on July 12, 2007. They…