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IN RE FREESE

Bankruptcy No. X89-01328S.

119 B.R. 1019 (1990)

In re Glenn H. FREESE and Donna B. Freese, Debtors.

United States Bankruptcy Court, N.D. Iowa, W.D.

September 6, 1990.

Attorney(s) appearing for the Case

John H. Neiman, Des Moines, Iowa, and William D. Kurth, Carroll, Iowa, for debtors.

Steven H. Krohn, Council Bluffs, Iowa, for Farm Credit Bank of Omaha.

Carol Dunbar, Waterloo, Iowa, Trustee.

RULING ON FCBO's MOTION FOR SUMMARY JUDGMENT

WILLIAM L. EDMONDS, Bankruptcy Judge.

The debtors, Glenn and Donna Freese (the FREESES), have objected to a proof of claim filed by Farm Credit Bank of Omaha (FCBO). Debtors contend that FCBO's claim includes excessive interest charges. The excessive interest allegedly results from a breach of the Farm Credit Act. Debtors ask that the claim of FCBO be reduced. FCBO filed a motion for summary judgment contending...

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