IN RE WILKINSON

Bankruptcy No. 83-B-10560.

33 B.R. 933 (1983)

In re Tyrone WILKINSON and Linda Wilkinson, Debtors.

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

October 14, 1983.


Attorney(s) appearing for the Case

Horwitz & Associates, P.C., New York City, for debtors; Kenneth Silverman, New York City, of counsel.

Philip Irwin Aaron, P.C., Jericho, N.Y., for The Richard Gill Co.; Stuart Paul Gelberg, Jericho, N.Y., of counsel.


HOWARD C. BUSCHMAN, III, Bankruptcy Judge.

The Richard Gill Company ("Gill") requests an order denying confirmation of the debtors' proposed plan and dismissal or conversion on the ground that the interest rate on mortgage arrearages is less than the interest rate provided for in the bond.

Facts

As assignee from Mid-Island Equities of Hempstead, New York, Gill holds a bond, executed by the debtors on April 16, 1982, that is secured by a mortgage...

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