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IN RE CLAEYS

Bankruptcy No. 87-05434.

81 B.R. 985 (1987)

In re Marshell CLAEYS and Glora Claeys, Debtors.

United States Bankruptcy Court, D. North Dakota.

September 14, 1987.

Attorney(s) appearing for the Case

Joseph Turman, Fargo, N.D., for debtors.

Terry Wiles, Fargo, N.D., for First Nat. Bank of Oakes.

Kim Anderson, Minneapolis, Minn., for Aetna Life Ins. Co.

Wayne Drewes, Fargo, N.D., Trustee.

MEMORANDUM OPINION

WILLIAM A. HILL, District Judge.

This matter is before the court on requests for section 506 valuations by secured creditors, Aetna Life Insurance Company (Aetna), holder of a mortgage in real property, and the First National Bank of Oakes (Bank), holder of a security interest in farm machinery and livestock. Also under consideration is the appropriate discount rate to be accorded Aetna pursuant to section 1225(a)(5)(B)(ii). A valuation...

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