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IN RE LUM

Bankruptcy No. 1-79-1385, Adversary Proceeding No. 1-79-0015.

1 B.R. 186 (1979)

In re Earnest LUM, Debtor. GENERAL MOTORS ACCEPTANCE CORPORATION, Plaintiff, v. Earnest LUM, Defendant.

United States Bankruptcy Court, E.D. Tennessee.

November 9, 1979.

Attorney(s) appearing for the Case

John T. Fort, Chattanooga, Tenn., for plaintiff.

David E. Nelson, Jr., Chattanooga, Tenn., for defendant.

MEMORANDUM

RALPH H. KELLEY, Bankruptcy Judge.

On October 2, 1979 the debtor, Earnest Lum, filed a petition under chapter 13 of the Bankruptcy Code. (11 U.S.C.) He also filed a chapter 13 plan proposing to pay his debts as provided by it.

A chapter 13 plan can be confirmed only if the requirements of 11 U.S.C. § 1325(a) are satisfied. Section 1325(a)(5) requires that each holder of an allowed secured claim must accept the plan or be dealt with...

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