IN RE SCHNEIDER

No. 87-1291.

864 F.2d 683 (1988)

In re Scotty Lee SCHNEIDER and Anna Lucille Schneider, Debtors. Scotty Lee SCHNEIDER & Anna Lucille Schneider, Appellants, v. Edward J. NAZAR, Trustee, Appellee.

United States Court of Appeals, Tenth Circuit.

December 29, 1988.


Attorney(s) appearing for the Case

Royce E. Wallace (Barbara J. Coen, with him on the brief), Wallace, Dewey & Zimmerman, Wichita, Kan., for appellants.

Laurie B. Williams, (Martin R. Ufford and Edward J. Nazar, on the brief), Redmond, Redmond, O'Brien & Nazar, Wichita, Kan., for appellee.

Before McKAY, LOGAN and BALDOCK, Circuit Judges.


BALDOCK, Circuit Judge.

Appellants, Scotty Lee Schneider and Anna Lucille Schneider (debtors), appeal the decision of the district court holding that the monetary proceeds of federal payments-in-kind (PIK) constitute property of the bankruptcy estate, rather than property of the debtors. We reverse.

I.

In 1984, appellant Scotty Lee Schneider (debtor) participated in a crop reduction and diversion program administered by the Commodity Credit Corporation...

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