MATTER OF FOSTER

Bankruptcy No. 85-10626.

61 B.R. 492 (1986)

In the Matter of David Eugene FOSTER and Victoria Jean Foster, Debtors.

United States Bankruptcy Court, N.D. Indiana, Fort Wayne Division.

May 29, 1986.


Attorney(s) appearing for the Case

Grant F. Shipley, Fort Wayne, Ind., for debtors.

Robert E. Grant, Fort Wayne, Ind., for claimant.


ORDER

ROBERT K. RODIBAUGH, Chief Judge.

David Eugene Foster and Victoria Jean Foster filed their joint chapter 13 petition on July 31, 1985 in response to a mortgage foreclosure action initiated by the Federal Land Bank of Louisville on June 18, 1985. Their chapter 13 plan provides essentially that the secured creditors will receive the value of their collateral, while the unsecured claims share in $3,600, to be paid through the chapter 13 trustee. Land...

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