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IN RE MASSENGILL

No. 87-821-CIV-5.

100 B.R. 276 (1988)

In re Durwood Rufus MASSENGILL and Laura Faye Massengill, Debtors. The FEDERAL LAND BANK OF COLUMBIA and South Atlantic Production Credit Association, Appellants, v. Durwood Rufus MASSENGILL and Laura Faye Massengill, Appellees.

United States District Court, E.D. North Carolina, Raleigh Division.

May 26, 1988.

Attorney(s) appearing for the Case

Mark C. Kirby, Stephen B. Brown, Wyrick, Robbins, Yates, Ponton & Kirby, Raleigh, N.C., for the Federal Land Bank of Columbia, and South Atlantic Production Credit Ass'n.

Richard M. Stearns, Kinston, N.C., for trustee.

John W. Morris, Mast, Tew, Morris, Hudson & Schulz, Smithfield, N.C., for debtors.

ORDER

JAMES C. FOX, District Judge.

This is an appeal by the creditors, The Federal Land Bank of Columbia (hereinafter "Land Bank") and South Atlantic Production Credit Association (hereinafter "PCA") from the Order of the Bankruptcy Court entered July 8, 1987, confirming the debtor's Chapter 12 plan. The court has received briefs from all parties and oral arguments were heard on April 1, 1988. The issue before the court is whether the debtors, as part of...

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