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IN RE DURR

Bankruptcy No. 87-50047.

78 B.R. 221 (1987)

In re Norman Edward DURR and Garnet Aho Durr, d/b/a Ranchers, Debtors.

United States Bankruptcy Court, D. South Dakota.

September 25, 1987.

Attorney(s) appearing for the Case

Wesley W. Buckmaster, Stephens, Quinn & Buckmaster, Belle Fourche, S.D., for creditor Norwest Bank South Dakota, N.A.

John M. Fousek, Fousek, Lefholz & Mairose, Rapid City, S.D., for debtors.

MEMORANDUM DECISION

INTRODUCTION

PETER K. ECKER, Bankruptcy Judge.

This matter is before the Court on an objection to confirmation of the debtors' Chapter 12 plan of reorganization on the ground that it does not comply with 11 U.S.C. § 1225(a)(5). Specifically, secured creditor Norwest Bank South Dakota, N.A. ("Norwest"), contends that the debtors may not transfer certain real property to Norwest in payment of the value of the allowed amount...

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