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IN RE SETTLES

Bankruptcy No. 86-81252.

69 B.R. 634 (1987)

In re Dale L. SETTLES and Jean E. Settles, Debtors. Dale L. SETTLES and Jean E. Settles, Petitioners/Debtors, v. UNITED STATES of America, acting Through the FARMERS HOME ADMINISTRATION, UNITED STATES DEPARTMENT OF AGRICULTURE, and Commodity Credit Corporation, Respondents/Creditors.

United States Bankruptcy Court, C.D. Illinois.

January 30, 1987.

Attorney(s) appearing for the Case

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

L. Lee Smith, Asst. U.S. Atty., Peoria, Ill., for respondents/creditors.

OPINION

WILLIAM V. ALTENBERGER, Bankruptcy Judge.

This matter involves the latest attempt by farm debtors to obtain the "sealing profit" from a government price support program over the claim of the Farmers Home Administration (FmHA), a secured creditor. Before discussing the issues raised by this particular case, a brief discussion of both the applicable government price support program and this Court's previous holding on the question of who is entitled...

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