In Re Taylor
United States Bankruptcy Court, W.D. Oklahoma
1Opinion of the Court
ORDER ON CONFIRMATION OF CHAPTER 13 PLAN
PAUL B. LINDSEY, Bankruptcy Judge.
BACKGROUND-THIS CASE
On September 6, 1991, debtors filed a petition for relief under Chapter 13 of the Bankruptcy Code. 1 Debtors’ secured obligations total $53,291.92 and their unsecured obligations total $16,294.52, of which, $5,883 is a student loan, not dischargeable in Chapter 13. See 11 U.S.C. § 1328(a)(2) (1990). Debtors’ Chapter 13 plan proposes to pay the Chapter 13 Trustee (“Trustee”) monthly payments of $1,135.21 for 36 months. The plan projects a distribution of 34.56 percent to unsecured creditors. During…
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