IN RE RATLEDGE

Bankruptcy No. 1-81-00998.

31 B.R. 897 (1983)

In re Joseph Paul RATLEDGE, Tina Paulette Ratledge, Debtors.

United States Bankruptcy Court, E.D. Tennessee.

July 22, 1983.


Attorney(s) appearing for the Case

Robert J. Harriss, Rossville, Ga., for debtors, Joseph Paul Ratledge and Tina Paulette Ratledge.

Alvin M. Grisham, Chattanooga, Tenn., for creditor, Avco Financial Services, Inc.


RALPH H. KELLEY, Bankruptcy Judge.

A creditor, Avco Financial Services, Inc., filed an objection to confirmation of debtors' chapter 13 plan.

Avco is the holder of a claim in the amount of $4,002.00 of which $500.00 is secured and $3,502.00 is unsecured.

Under the plan:

(1) allowed secured claims will be paid in full.

(2) allowed unsecured claims will be paid up to $500.00 and 10 percent of any amount in excess of $500.00.

Avco...

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