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IN RE McDADE

Bankruptcy No. 91-30168.

148 B.R. 42 (1992)

In re Louis Monroe McDADE and Brenda Gail Neely McDade, Debtors.

United States Bankruptcy Court, S.D. Illinois.

November 12, 1992.

Attorney(s) appearing for the Case

James W. McRoberts, Belleville, IL, trustee.

Ronald A. Buch, Belleville, IL, for trustee.

Alice Treumann, Clayton, MO, for debtors.

Steven M. Wallace, East St. Louis, IL, for Mazda.

OPINION

BASIL H. COUTRAKON, Bankruptcy Judge.

Before the Court is a Motion to Compel Payment of Insurance Proceeds which raises the question of proper disposition of insurance proceeds paid as a result of a destroyed motor vehicle, the sum of which insurance proceeds exceeds the secured claim of the lienholder.

Louis Monroe McDade and Brenda Gail Neely McDade ("Debtors") filed their bankruptcy petition under Chapter 13 of the Bankruptcy Code on February...

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