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IN RE MASCHHOFF

Bankruptcy No. BK 87-31176.

89 B.R. 768 (1988)

In re Mark A. MASCHHOFF and Patricia E. Maschhoff, Debtor(s).

United States Bankruptcy Court, S.D. Illinois.

August 23, 1988.

Attorney(s) appearing for the Case

Donald Samson, Belleville, Ill., for Old Nat. Bank of Centralia.

Robert T. Bruegge, Breese, Ill., for debtors.

MEMORANDUM AND ORDER

KENNETH J. MEYERS, Bankruptcy Judge.

Debtors, Mark and Patricia Maschhoff, received a total of $64,314.00 from the sale of farm products and from agricultural program payments in 1987, the year prior to the filing of their Chapter 12 bankruptcy petition. In addition, debtors received non-farm income of $53,479.00 from wages and salaries, interest income, tax refunds and capital gains in 1987. At issue is income of $19,735.00 received...

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