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IN RE DAY

No. 02-10394-RLJ-13.

292 B.R. 133 (2003)

In re Allen Ray DAY and Deborah Smith Day, Debtors.

United States Bankruptcy Court, N.D. Texas, Abilene Division.

April 16, 2003.

Attorney(s) appearing for the Case

Phil Black, Law Offices of Phil Black, Abilene, TX, for Debtor.

Mark W. Harmon, Crenshaw, Dupree & Milam, Lubbock, TX, for Ford Motor Credit Company.

MEMORANDUM OPINION

ROBERT L. JONES, Bankruptcy Judge.

On March 5, 2003, hearing was held on confirmation of the Chapter 13 plan of Allen and Deborah Day, the Debtors, and the objections to the plan filed by Ford Motor Credit Company (FMCC). The sole issue before the court is whether the plan may be confirmed containing a provision that requires FMCC to release its lien upon full payment of the stated value of FMCC's collateral, a 1995 Oldsmobile Silhouette...

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