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IN RE EARLEY

Bankruptcy No. 86-80311.

74 B.R. 560 (1987)

In re Bryan P. EARLEY and Sherrie L. Earley, Debtors.

United States Bankruptcy Court, C.D. Illinois.

June 10, 1987.

Attorney(s) appearing for the Case

Barry M. Barash, Barash, Stoerzbach & Henson, Galesburg, Ill., for debtors.

L. Lee Smith, Asst. U.S. Atty., Peoria, Ill., for The Farmers Home Admin.

DECISION AND ORDER

WILLIAM V. ALTENBERGER, Bankruptcy Judge.

Before the Court is the objection filed by the debtors, Bryan P. and Sherrie L. Earley, to the claim of the Farmers Home Administration (FmHA).

The debtors filed a Chapter 11 bankruptcy petition on February 4, 1986. The bankruptcy schedules list the market value of their 135-acre farm to be $87,950.00. The FEDERAL LAND BANK (LAND BANK) is listed as having a first mortgage in the amount...

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