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IN RE MACKLIN

Bankruptcy No. 99-30014M.

236 B.R. 403 (1999)

In re Albert L. MACKLIN and Earlene Macklin.

United States Bankruptcy Court, E.D. Arkansas, Jonesboro Division.

July 26, 1999.

Attorney(s) appearing for the Case

Constance Grayson, West Memphis, AR, for Debtors.

Ralph Waddell, Jonesboro, AR, for Mirly Truck Sales.

MEMORANDUM OPINION

JAMES G. MIXON, Chief Judge.

On January 7, 1999, Albert and Earlene Macklin filed a voluntary petition for relief under the provisions of chapter 13 of the United States Bankruptcy Code. The Debtors' proposed plan characterizes Mirly Truck Sales ("Mirly") as a secured creditor with a claim of $14,000.00 secured by a lien on a 1997 Transcraft flatbed trailer valued at $14,000.00. The plan proposes to pay the secured claim in full...

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