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IN RE FLOR

Bankruptcy No. 2-91-01457.

166 B.R. 512 (1994)

In re Holly FLOR, Rudolph V. Mangels, Debtors.

United States Bankruptcy Court, D. Connecticut.

May 3, 1994.

Attorney(s) appearing for the Case

Ira B. Charmoy, Charmoy & Nugent, Bridgeport, CT, for debtors.

Julie A. Manning and Douglas M. Evans, Schatz & Schatz, Ribicoff & Kotkin, Stamford, CT, for BOT Financial Corp., creditor.

Doria G. Stetch, Office of U.S. Trustee, New Haven, CT.

MEMORANDUM OF DECISION AND ORDER RE: CONFIRMATION OF PLAN

ROBERT L. KRECHEVSKY, Chief Judge.

I.

ISSUE

The dispositive issue in this proceeding is whether a court may confirm a debtors' joint Chapter 11 plan whose feasibility concededly relies upon the receipt of the debtors' future wages for a period of at least seven years. The debtors, who are husband and wife, contend that "present...

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