MATTER OF SEIP

Bankruptcy No. BK 86-3526.

116 B.R. 709 (1990)

In the Matter of Gerald R. SEIP and Lillian A. Seip, Debtors.

United States Bankruptcy Court, D. Nebraska.

June 25, 1990.


Attorney(s) appearing for the Case

Ronald L. Sanchez, North Platte, Neb., for Connecticut Mut. Life Ins. Co.

Arlan G. Wine, Wauneta, Neb., for debtors.

Patricia Dugan, Omaha, Neb., U.S. Trustee.


MEMORANDA

JOHN C. MINAHAN, Jr., Bankruptcy Judge.

This Chapter 11 case presents the issue of whether the amount of a secured claim for purposes of the plan of reorganization is determined by the value of collateral on the date the case was commenced or, alternatively, on a date in close proximity to the date of confirmation of the plan. Also before the court is a dispute regarding the application of adequate protection payments made to a secured creditor...

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