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IN RE GIBSON

Bankruptcy Nos. 92-42618-399, 92-40847.

142 B.R. 879 (1992)

In re Rabecca L. GIBSON, a/k/a Rabecca Kapur, a/k/a Rabecca Townsend a/k/a Rebecca Gibson, Debtor. In re Nancy MOORE, Debtor.

United States Bankruptcy Court, E.D. Missouri, E.D.

June 18, 1992.

Attorney(s) appearing for the Case

Eric Taylor, St. Louis, Mo., for Nancy Moore.

Shirley W. Ovletrea, St. Louis, Mo., for Rebecca Gibson.

Howard S. Smotkin, St. Louis, Mo., for GMAC.

John V. LaBarge, Jr., Kirkwood, Mo., Chapter 13 Trustee.

MEMORANDUM OPINION AND ORDER

BARRY S. SCHERMER, Bankruptcy Judge.

INTRODUCTION

These otherwise unrelated cases present a common question of law. The issue presented is whether a Chapter 13 plan may be confirmed when the plan provides less than full payment to unsecured creditors while permitting the debtor to retain a luxury automobile by paying for the vehicle through the plan. The Chapter 13 Trustee and General Motors Acceptance Corp. ("GMAC...

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