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IN RE COLES

Bankruptcy No. 99-60018-T.

252 B.R. 66 (1999)

In re Major Alexander COLES, Jr., Ayrin Lynette Coles.

United States Bankruptcy Court, E.D. Virginia, Richmond Division.

September 13, 1999.

Attorney(s) appearing for the Case

William C. Parkinson, Jr., Richmond, VA, for Debtors.

Melvin R. Zimm, Glasser and Glasser, P.L.C., Norfolk, VA, for Transouth Financial Corporation.

Robert E. Hyman, Richmond, VA, Chapter 13 Trustee.

MEMORANDUM OPINION

DOUGLAS O. TICE, Jr., Chief Judge.

This matter comes before the Court on Transouth Financial Corporation's objection to confirmation of the debtors' Chapter 13 plan. A hearing was held August 10, 1999, after which the Court took the motion under advisement and allowed the parties to file memoranda. For reasons stated in this memorandum opinion the Court sustains Transouth Financial's objection and denies confirmation of the debtors...

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