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MATTER OF DOUD

Bankruptcy No. 86-3396-C.

74 B.R. 865 (1987)

In the Matter of Dennis Edward DOUD, Cheryl A. Doud, Engaged in Farming, Debtors.

United States Bankruptcy Court, S.D. Iowa.

June 10, 1987.

Attorney(s) appearing for the Case

Jerrold Wanek, Des Moines, Iowa, for debtors.

Linda R. Reade, Asst. U.S. Atty., Des Moines, Iowa, for FmHA.

Elizabeth A. Nelson, Des Moines, Iowa, trustee.

ORDER ON OBJECTION TO PLAN

LEE M. JACKWIG, Bankruptcy Judge.

On March 24, 1987 a confirmation hearing concerning the debtors' Chapter 12 plan was held before this court. The Farmers Home Administration (FmHA) objected to the 6.5% discount rate the debtors propose to apply to the FmHA's allowed secured claim. Jerrold Wanek appeared on behalf of the debtors and Linda R. Reade, Assistant U.S. Attorney, appeared on behalf of the FmHA. Briefs concerning the discount...

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