Matter of Foster

ORDER

ROBERT K. RODIBAUGH, Chief Judge.

David Eugene Foster and Victoria Jean Foster filed their joint chapter 13 petition on July 31, 1985 in response to a mortgage foreclosure action initiated by the Federal Land Bank of Louisville on June 18, 1985. Their chapter 13 plan provides essentially that the secured creditors will receive the value of their collateral, while the unsecured claims share in $3,600, to be paid through the chapter 13 trustee. Land Bank objected to the Fosters’ Plan and requested an evidentiary hearing. The contested confirmation hearing was held, and the parties were…