IN RE WILSON

Bankruptcy No. 7-92-00217-HPA-13.

144 B.R. 318 (1992)

In re Ricky Joe WILSON, Regina Ann Wilson, Debtors.

United States Bankruptcy Court, W.D. Virginia, Abingdon Division.

August 14, 1992.


Attorney(s) appearing for the Case

Thomas C. Antenucci, Copeland, Molinary & Bieger, Abingdon, Va., for debtors.

David J. Hutton, Boucher & Hutton, Abingdon, Va., for First Union Home Equity Corp.


MEMORANDUM OPINION AND ORDER

H. CLYDE PEARSON, Bankruptcy Judge.

The issue herein involves the Debtors' Plan which adjusts the interest rate of First Union Home Equity Corporation ("First Union"), a fully secured second mortgage creditor upon the Debtors' principal residence. The contract rate of interest was 11.95% and the proposed interest rate is 10 percent, which claim the Debtors propose to pay in full with interest during the life of the Plan.

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