In Re Owens

MEMORANDUM

GEORGE C. PAINE, II, Bankruptcy Judge.

This matter is before the court on the objection of Springfield Production Credit Association (hereinafter “PCA”) to the proposed rate of interest to be paid on its claim under the debtors Carlton and Pamela J. Owens’ Chapter 13 plan. 1 Upon considera tion of the evidence presented at the hearing, stipulations, exhibits, briefs of the parties and the entire record, this court concludes that PCA’s objection should be sustained.

The following shall represent findings of fact and conclusions of law pursuant to Federal Rule of Bankruptcy Procedure…