In Re Maschhoff
United States Bankruptcy Court, S.D. Illinois
1Opinion of the Court
MEMORANDUM AND ORDER
KENNETH J. MEYERS, Bankruptcy Judge.
Debtors, Mark and Patricia Maschhoff, received a total of $64,314.00 from the sale of farm products and from agricultural program payments in 1987, the year prior to the filing of their Chapter 12 bankruptcy petition. In addition, debtors received non-farm income of $53,479.00 from wages and salaries, interest income, tax refunds and capital gains in 1987. At issue is income of $19,735.00 received by debtors from the rental of farm houses located on debtors’ land. Debtors contend that this rental income constitutes income from a farming…
2Cases cited3 opinions
- In the Matter of Bernard Armstrong, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1987
- In Re McKillipsUnited States Bankruptcy Court, N.D. Illinois · 1987
- In Re SeabloomUnited States Bankruptcy Court, C.D. Illinois · 1987
3Cited by3 opinions
- In Re Sugar Pine RanchUnited States Bankruptcy Court, D. Oregon · 1989
- In Re CoulstonUnited States Bankruptcy Court, E.D. Michigan · 1989
- In Re MaynardUnited States Bankruptcy Court, S.D. New York · 2003