In Re Green
United States Bankruptcy Court, W.D. Arkansas
1Opinion of the Court
MEMORANDUM OPINION
JAMES G. MIXON, Bankruptcy Judge.
On January 3, 1985, M.L. and Frances Green, debtors, filed a voluntary petition for relief under the provisions of chapter 13. The amended plan proposed to pay unsecured creditors around twenty-five percent of each allowed claim. Twenty-five percent is more than unsecured creditors would receive in a chapter 7 case according to the schedules. A claim of Peoples Bank and Loan of Louisville, Arkansas, (Peoples Bank) for $39,440.03 was improperly classified as a secured claim which the debtors proposed to pay outside the plan. This claim was…
2Cases cited20 opinions
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- Public Finance Corporation v. Eddie and Angela FreemanCourt of Appeals for the Fifth Circuit · 1983
- In Re KovichUnited States Bankruptcy Court, W.D. Michigan · 1980
- In Re DziedzicUnited States Bankruptcy Court, S.D. Texas · 1981
- In Re BowlesUnited States Bankruptcy Court, E.D. Virginia · 1985
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