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MATTER OF McCLAFLIN

Bankruptcy No. 80 B 01368.

13 B.R. 530 (1981)

In the Matter of Dale M. McCLAFLIN and Sylvia P. McClaflin, Debtors.

United States Bankruptcy Court, N.D. Illinois, W.D.

June 18, 1981.

Attorney(s) appearing for the Case

James Keeling, Rockford, Ill., for Powell and Gonzini.

Kenneth Ritz, Rockford, Ill., for the McClaflins.

MEMORANDUM OPINION

RICHARD N. DeGUNTHER, Bankruptcy Judge.

This matter comes before the Court on the Objections of Ronald Powell and Peter Gonzini, Creditors, to Confirmation of the Chapter 13 Plan proposed by Dale M. and Sylvia P. McClaflin, Debtors.

* * *

Essential Features of the McClaflin Plan

For a period of 5 years:

1) First mortgage to be paid outside the plan. 2) Powell, fully secured claim, $24...

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