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IN RE HELMUTH

Bankruptcy No. 83-00219-W.

92 B.R. 494 (1988)

In re Jake HELMUTH and Irene Helmuth, Debtors.

United States Bankruptcy Court, N.D. Oklahoma.

As Amended and Corrected November 1, 1988.

Attorney(s) appearing for the Case

William Russell Gibson, Fayetteville, Ark., for debtors.

Paul Blevins, Pryor, Okl., for American Bank of Oklahoma.

Peter Bernhardt, Asst. U.S. Atty., Tulsa, Okl., for Farmers Home Admin.

MEMORANDUM ORDER AND DECISION

MICKEY DAN WILSON, Bankruptcy Judge.

STATEMENT OF FACTS

Mr. and Mrs. Helmuth ("Debtors") filed this bankruptcy petition seeking relief under Chapter 11 of Title 11 a number of years ago and subsequent thereto filed their schedules which includes claims of exemption. The Debtors are dairy farmers and have been since 1961 and dairy farming and other farming related activities are their sole source of income. After various...

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