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MATTER OF KELLEY

Bankruptcy No. B82-1697-Y.

31 B.R. 786 (1983)

In the Matter of Richard Gregory KELLEY, Debtor.

United States Bankruptcy Court, N.D. Ohio.

June 30, 1983.

Attorney(s) appearing for the Case

Albert Strobel, Youngstown, Ohio, for debtor.

Frederick S. Coombs III, Youngstown, Ohio, for objecting creditor Mahoning Nat. Bank.

MEMORANDUM OF DECISION

JAMES H. WILLIAMS, Bankruptcy Judge.

Debtor is before the court seeking confirmation of a Chapter 13 plan of arrangement in which he proposes a 25% payment to unsecured claimants. Mahoning National Bank, the holder of an unsecured claim in the amount of $5,093.42, has challenged the adequacy of debtor's proposal in light of 11 U.S.C. § 1325(a)(4), which requires debtor to pay unsecured claims an amount not less than would be received...

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