IN RE FERRILL

Bankruptcy No. 8708634 SEG.

137 B.R. 623 (1988)

In re Charles FERRILL and Phyllis Ferrill.

United States Bankruptcy Court, S.D. Mississippi, S.D.

February 26, 1988.


ORDER

EDWARD R. GAINES, Bankruptcy Judge.

There came to be heard the objection of the Hancock Bank to the Debtors' proposed Chapter 13 plan. The bank objected to the failure of the debtors to provide present value on the bank's secured claim under § 1325(a)(5)(B)(ii).

Having considered the pleadings, memoranda and oral arguments of counsel for the parties, the Court is of the opinion that said objection is well taken and should be sustained...

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