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IN RE GAY

Bankruptcy No. 97-10148.

213 B.R. 500 (1997)

In re Carolyn GAY, Melton Gay, Debtors.

United States Bankruptcy Court, E.D. Kentucky, Ashland Division.

September 24, 1997.

Attorney(s) appearing for the Case

Paul Stewart Snyder, Ashland, KY, for Debtors.

Frank Warnock, Greenup, KY, for First & Peoples Bank & Trust Company.

OPINION AND ORDER

WILLIAM S. HOWARD, Bankruptcy Judge.

The debtors in this Chapter 13 proceeding have objected to the amended claim of First & Peoples Bank & Trust Company (First & Peoples) herein. The amended claim was filed on May 22, 1997 in the amount of $31,999.86 and is a deficiency claim upon a mortgage foreclosure on property formerly owned by debtors. At issue is the application of insurance proceeds resulting when the property...

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