IN RE SMITH

Bankruptcy Nos. BK-95-15031-LN, BK-95-15939-LN and BK-95-16562-LN.

192 B.R. 563 (1996)

In re Sharon Ann SMITH, Debtor. In re Willie C. WASHINGTON, Jr. and Gwendolyn D. Washington, Debtors. In re Gary W. ABSHIRE, Debtor.

United States Bankruptcy Court, W.D. Oklahoma.

February 23, 1996.


Attorney(s) appearing for the Case

John W. Mee, III, Truman E. Coe, Oklahoma City, Oklahoma, for Memorial Bank.

Kenneth C. McCoy, Oklahoma City, Oklahoma, for Debtors.

Letha Sweeney, Oklahoma City, Oklahoma, for Chapter 13 Trustee.


ORDER DENYING CONFIRMATION TO CHAPTER 13 PLANS

PAUL B. LINDSEY, Chief Judge.

BACKGROUND

In each of these cases, Memorial Bank, Oklahoma City, Oklahoma (hereafter, "Bank"), is a secured creditor with a perfected security interest in a vehicle which debtors seek to retain by making payments under a plan proposed under Chapter 13 of the Bankruptcy Code.1 In each case, it is proposed that interest on secured claims...

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