In Re McKinney

MEMORANDUM OF DECISION

JOHN K. PEARSON, Bankruptcy Judge.

This case is before the Court for ruling upon the objection of the Federal Land Bank of Wichita (“FLB”) to confirmation of the Chapter 12 plan of Marvin Ray and Oreta Ann McKinney (“debtors”). Debtors appear by Patricia Rose Myers and Daniel W. Forker, Jr. of Reynolds, Peirce, Forker, Suter, O’Neal & Myers, Hutchinson. FLB appears by J. Michael Kennalley of Hersh-berger, Patterson, Jones & Roth, Wichita.

SUMMARY

The issue is a question of law. FLB contents that a Chapter 12 debtor may not reinstate a foreclosed mortgage in bankruptcy once…