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MATTER OF GREGORY

Bankruptcy No. 80 B 10226.

8 B.R. 256 (1981)

In the Matter of Edward & Grace GREGORY, Debtors.

United States Bankruptcy Court, S.D. New York.

February 4, 1981.

Attorney(s) appearing for the Case

Salzman, Ingber & Winer, New York City, for debtors.

Peter Deutsch, Brooklyn, N.Y., for creditor.

Irving Picard, New York City, U.S. Trustee.

MEMORANDUM & ORDER

JOHN J. GALGAY, Bankruptcy Judge.

On December 3, 1980, this Court held the hearing required by Section 1324 of the Bankruptcy Code, 11 U.S.C. § 1324, to determine whether the plan proposed by Edward & Grace Gregory (Debtors) could be confirmed. By its terms the plan deals only with three secured debts — a tax claim of the I.R.S., and arrearages on the first and second mortgages on the Debtors' residence, all of which...

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