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IN RE PREISSER

Bankruptcy No. 82 B 02327 M.

33 B.R. 65 (1983)

In re Rodney James PREISSER, aka Rodney J. Preisser, Debtor.

United States Bankruptcy Court, D. Colorado.

September 14, 1983.

Attorney(s) appearing for the Case

John Eastlack, Colorado Springs, Colo., for debtor.

Henry Solano, Asst. U.S. Atty., Denver, Colo., for U.S.

MEMORANDUM OPINION AND ORDER

ROLAND J. BRUMBAUGH, Bankruptcy Judge.

THIS MATTER comes before the Court on the Debtor's Petition for Assignment of Payment In Kind Benefits.

Payment-In-Kind (PIK) benefits are part of a United States Department of Agriculture program method whereby the government compensates qualified farmers and ranchers for the non-production of grain crops. Instead of receiving payments in cash in return for not producing, the farmers...

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