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IN RE SWANSON

Bankruptcy No. 88-81338, Adv. No. 89-8081.

104 B.R. 1 (1989)

In re Richard L. SWANSON and Janet Swanson, Debtors. FARM CREDIT BANK OF ST. LOUIS, a Federally Chartered Corporation, Successor by Merger to the Federal Land Bank of St. Louis, Plaintiff, v. NATIONAL BANK OF ALEDO, Defendant.

United States Bankruptcy Court, C.D. Illinois.

September 5, 1989.

Attorney(s) appearing for the Case

Andrew W. Covey, Peoria, Ill., for debtors.

Douglas R. Lindstrom, Galesburg, Ill., for plaintiff.

Karl Bredberg, Aledo, Ill., for defendant.

OPINION

WILLIAM V. ALTENBERGER, Bankruptcy Judge.

The Debtors, RICHARD L. SWANSON and JANET SWANSON, (jointly referred to as DEBTORS and individually referred to as RICHARD and JANET respectively) and their son, ROGER W. SWANSON, (SON) are farmers. The DEBTORS and their SON have independent farming operations located on the same real estate owned solely by the DEBTORS. In June of 1983 the DEBTORS and their SON filed separate Chapter 11 proceedings. In August...

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