In Re White

MEMORANDUM OF DECISION

JAMES A. PUSATERI, Bankruptcy Judge.

In this chapter 11 proceeding, the Court must determine several confirmation issues.

A confirmation hearing was held and the Court is ready to rule.

FINDINGS OF FACT

Northeast Kansas Production Credit Association is a secured creditor with a lien on the debtors’ real estate and various items of personalty. PCA has elected under 11 U.S.C. § 1111(b)(2). In a previous order, the Court made the following findings:

PCA has ah interest in personal property with a value of $34,450.00. PCA has a second mortgage interest in 157 acres of the…