MATTER OF BARTLESMEYER

Bankruptcy No. 87-02122-SW-12.

78 B.R. 975 (1987)

In the Matter of Joyce Edward BARTLESMEYER and Emma Lou Bartlesmeyer, Debtors. FEDERAL LAND BANK OF ST. LOUIS, Objecting Creditor, v. Joyce Edward BARTLESMEYER and Emma Lou Bartlesmeyer, Respondents.

United States Bankruptcy Court, W.D. Missouri, Southwestern Division.

September 1, 1987.


Attorney(s) appearing for the Case

Timothy R. Whelan, Copeland, Scott & Whelan, Joplin, Mo., for objecting creditor.

James L. Bowles, Daniel, Clampett, Lilley, Dalton, Powell & Cunningham, Springfield, Mo., for respondents.


FINDINGS OF FACT, CONCLUSIONS OF LAW, AND ORDER DETERMINING MARKET RATE OF INTEREST TO BE 10.5% PER ANNUM OR CONTRACT RATE, WHICHEVER IS LOWER

DENNIS J. STEWART, Chief Judge.

This court, in its prior decisions on rates of interest applicable in chapter 11 reorganization cases and chapter 13 arrangement cases, has previously held that an undersecured creditor is entitled to interest at the market rate (presumed to be...

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