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IN RE PLEDGER

No. 01-42739-JSS-13.

275 B.R. 394 (2002)

In re Shawn R. PLEDGER and Karen D. Pledger, Debtors.

United States Bankruptcy Court, N.D. Alabama, Eastern Division.

March 15, 2002.

Attorney(s) appearing for the Case

Lisa M. Hancock, Guntersville, AL, for debtors.

Linda B. Gore, Gadsden, AL, Chapter 13 Standing Trustee.

MEMORANDUM OPINION

JAMES S. SLEDGE, Bankruptcy Judge.

This matter came before the Court on February 6, 2002, for hearing on confirmation of the plan of reorganization proposed by the Debtors and the objection to same filed by the Standing Chapter 13 Trustee (hereinafter "Trustee"). The basis for the Trustee's objection was that the interest compensation factor was insufficient with regard to each allowed secured claim provided for by the plan. Upon consideration...

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