In Re Cole

OPINION

DONALD R. SHARP, Chief Judge.

NOW before the court for consideration is the Objection of Thomas E. Bass (“Bass”) to the homestead exemption sought by Don G. and Martha K. Cole (“Debtors”). This opinion constitutes the Court’s findings of fact and conclusions of law to the extent required by Fed.R.Bankr.Proe. 7052 and disposes of all issues before the Court.

FACTUAL AND PROCEDURAL BACKGROUND

On August 10, 1995, the Debtors filed a voluntary petition for relief under Chapter 12, of the United States Bankruptcy Code.

1. Pursuant to the Debtors’ First Amended Schedule A — Real Property, the…