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IN RE SCHRANDT

No. 05-04656M.

340 B.R. 83 (2006)

Donald R. SCHRANDT and Sherri Louise Schrandt, Debtors.

United States Bankruptcy Court, N.D. Iowa.

March 20, 2006.

Attorney(s) appearing for the Case

James William Thornton, Ames, IA, for Debtors.

MEMORANDUM DECISION RE: OBJECTION TO THE CLAIM OF WELLS FARGO FINANCIAL ACCEPTANCE

WILLIAM L. EDMONDS, Bankruptcy Judge.

Debtors Donald and Sherri Schrandt object to the unsecured claim of Wells Fargo Financial Acceptance (hereinafter Wells Fargo). Schrandts contend that Wells Fargo, in negotiating with them as to the amount of its secured claim, had agreed to waive any unsecured claim.

Hearing was held on March 14, 2006 in Mason City...

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