In Re Coverstone

MEMORANDUM OF DECISION

TERRY L. MYERS, Chief Judge.

Before the Court for confirmation is the amended chapter 13 1 plan of Debtors Val and Terese Coverstone (“Debtors”), Doc. No. 76 (“Plan”). The chapter 13 trustee (“Trustee”) objects to confirmation of the Plan under § 1325(b). 2 This Memorandum of Decision constitutes the Court’s findings of fact and conclusions of law. Fed. R. Bankr.P. 7052, 9014.

FACTS

Debtors filed a joint chapter 7 petition on July 15, 2009. They later converted their case to one under chapter 13 and filed a chapter 13 plan. See Doc. Nos. 26, 28 & 31. 3 The chapter 13 Plan…