J. BLAINE ANDERSON, Circuit Judge:
Defendant General Motors Acceptance Corp. (GMAC) appeals from a district court order affirming a bankruptcy court judgment in favor of plaintiff Curtis Danning (Trustee) for recovery of excess dividends. We affirm.
The old Bankruptcy Act, now repealed, governs the disposition of this appeal. Under the provisions of that Act, the Trustee could prepare an order for payment of dividends and submit it to the bankruptcy court for review and approval. In the event that an error was made in such an order, section 57(k), 11 U.S.C. § 93(k), provided the bankruptcy court with summary jurisdiction to reconsider the order and amend it "in whole or in part according to the equities of the case."
Contrary to the position taken by Trustee, we do not find that section 57(l) gives the Trustee an absolute right to recover
We are satisfied that the bankruptcy court in this case has considered the circumstances and weighed the equities. The court's findings of fact display an awareness of the situation and how it came about, including the roles played by and potential effects on the various parties. For example, the court noted that GMAC was overpaid due to an error in the order of payment as prepared by Trustee and signed by the court. Further, the court noted that after receiving the excess payment, GMAC executed satisfactions of judgment and full releases, including a reconveyance of a deed of trust, in favor of the debtor. The court also pointed out that, upon learning of the mistake, GMAC made only minor efforts to collect the overpayment from the debtor. And, significantly we think, the court noted that the overpayment came about due to the omission of another creditor from the original payment order, "an omission that unfairly deprived that creditor of its rightful dividend." These factors and many more, such as the remedies still available to recover payment from the debtor, go into the balancing of equities under sections 57(k) and 57(l). This balancing of equities is a factual process and the resulting tip of the scales is a factual determination. Consequently, although the underlying facts are undisputed, the clearly erroneous standard of review applies to the decision ordering repayment. See Anderson v. Bessemer City, 470 U.S. 564, ___, 105 S.Ct. 1504, 1511, 84 L.Ed.2d 518, 528 (1985); Fed.R.Civ.P. 52(a).
We cannot say that the bankruptcy court and district court were clearly erroneous in ordering GMAC to repay the excess dividend. Due to its proximity to the parties and issues, the bankruptcy court is in the best position to get a feel for the equities of the case. Our position, for obvious reasons, is far less advantageous. The bankruptcy court's decision in favor of Trustee was based upon a proper balancing of the equities in this case, as evidenced by the findings of fact. In light of the entire record before us, we conclude that the bankruptcy court's decision is plausible and reasonable. Consequently, it cannot be clearly erroneous.
Accordingly, the judgment of the district court is AFFIRMED.
444 F.2d at 517. Although the situation we addressed in Minskoff-Dorman was different, we nevertheless were required to interpret section 57(k). See also Collier on Bankruptcy, 14th ed., vol. 3 (1964) (superseded) at pp. 402-403.