IN RE TORONTO

Bankruptcy No. 92-53340.

165 B.R. 746 (1994)

In re Michael L. TORONTO and Diane M. Toronto, Debtors.

United States Bankruptcy Court, D. Connecticut.

March 31, 1994.


Attorney(s) appearing for the Case

Stuart M. Sheiman, Bridgeport, CT, for debtor.

Edward Krasnow, Marc A. Krasnow, Bridgeport, CT, for movant.


MEMORANDUM AND ORDER ON MOTION TO DISMISS

ALAN H.W. SHIFF, Bankruptcy Judge.

Sikorsky Federal Credit Union moves to dismiss this chapter 13 case or in the alternative to convert it to a chapter 7 case. Because I conclude that the debtors are ineligible for chapter 13 relief and that conversion to chapter 7 is in the best interests of creditors and the estate, the motion will be granted and this case will be converted to chapter 7.

BACKGROUND

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