In Re McMichen

ORDER

W. HOMER DRAKE, Bankruptcy Judge.

This case is before the Court on Chrysler Credit Corporation’s (“Chrysler”) Motion for Rehearing and Reconsideration of the June 29, 1982 Order entered in the above-styled Chapter 13 proceeding. In the June 29, 1982 Order, this Court held that Chrysler had not overcome the presumption of the contract rate as the interest to be provided by a debtor for purposes of meeting the requirements of 11 U.S.C. § 1325(a)(5)(B)(ii). On August 18, 1982, a hearing was held on Chrysler’s motion, at which time the Court heard evidence and argument of counsel. Based on…