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IN RE DUNCAN

Bankruptcy No. 48200103, Adv. No. 4820022.

35 B.R. 323 (1983)

In re Dennis Ray DUNCAN, Carolyn Ann Duncan, Debtor. KENTUCKY BANK & TRUST COMPANY, Plaintiff, v. Dennis Ray DUNCAN, Carolyn Ann Duncan, Defendants.

United States Bankruptcy Court, W.D. Kentucky.

December 21, 1983.

Attorney(s) appearing for the Case

Richard E. Peyton, Madisonville, Ky., for plaintiff.

Stewart B. Elliott, Owensboro, Ky., for debtor/defendants.

Gary Abshier, trustee.

MEMORANDUM AND ORDER

MERRITT S. DEITZ, Jr., Bankruptcy Judge.

Kentucky Bank & Trust Co. v. Duncan comes to us as part of the "new pattern of farm bankruptcy litigation" which we easily predicted after a period of high interest rates, restricted credit and statewide crop failures.1 The case appears to be a fairly typical illustration of farm lending practices in rural Kentucky...

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