Taunton v. Reding (In Re Taunton)

OPINION

MYRON H. THOMPSON, District Judge.

Appellants James M. Taunton and Alice Faye Taunton appeal the decision by the Bankruptcy Court of the Middle District of Alabama that sustained the objection of appellee Curtis C. Reding, Chapter 13 trustee, to confirmation of their Chapter 13 bankruptcy plan. The bankruptcy court agreed with the trustee that a parcel of real property was not, but should be, included in appellants’ bankruptcy estate. Appellants contend that the property is the subject of a lease-purchase arrangement with their son, who holds equitable, if not legal, title such that the…