In Re Gough

FINDINGS OF FACT AND CONCLUSIONS OF LAW

GEORGE L. PROCTOR, Bankruptcy Judge.

This case came before the Court for confirmation of debtors’ Chapter 12 plan. C. Victor Butler, Jr. (Butler), a secured creditor, objected to the plan. The Court heard the objection and received evidence regarding confirmation at a hearing held on November 7,1995, and the Court now enters the following findings of fact and conclusions of law:

FINDINGS OF FACT

I. Debtors own and operate a citrus growing operation on an 80-acre parcel in Marion County, Florida and a 20-acre parcel in Lake County, Florida. Of the 100 acres,…