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IN RE DE JOUNGHE

BAP No. PR 05-013. Bankruptcy No. 03-13858-ESL.

334 B.R. 760 (2005)

Ted Read Lloyd DE JOUNGHE and Marisa Varela Giacoy, Debtors. Ted Read Lloyd de Jounghe and Marisa Varela Giacoy, Appellants, v. Wigberto Lugo Mender, Chapter 7 Trustee, Appellee.

United States Bankruptcy Appellate Panel of the First Circuit.

December 12, 2005.

Attorney(s) appearing for the Case

Fernando L. Gallardo, San Juan, PR, on brief for Appellants.

Carlos E. Rodriquez Quesada, San Juan, PR, on brief for Appellee.

Before VOTOLATO, DEASY and ROSENTHAL, U.S. Bankruptcy Appellate Panel Judges.

DEASY, Bankruptcy Judge.

This matter is before the Panel on the Debtors' appeal from an order of the United States Bankruptcy Court for the District of Puerto Rico (1) denying their motion to convert their Chapter 11 case to a Chapter 13 case, and (2) dismissing their bankruptcy case. For the reasons set forth below, the decision is AFFIRMED.

BACKGROUND

On December 23, 2003, Ted Read De Jounghe and Marisa Varela Giacoy ("Debtors") filed a voluntary...

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