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IN RE JOHNSON

Bankruptcy No. 1-80-00342.

5 B.R. 40 (1980)

In re Duane Gilbert JOHNSON and Delorse K. Johnson, Debtors.

United States Bankruptcy Court, S.D. Ohio, W.D.

April 30, 1980.

Attorney(s) appearing for the Case

Wayne F. Wilke, Cincinnati, Ohio, for debtor.

Arthur C. Elliott, Cincinnati, Ohio, trustee.

DECISION DENYING CONFIRMATION OF CHAPTER 13 PLAN

BURTON PERLMAN, Bankruptcy Judge.

This is a Chapter 13 case under the Bankruptcy Code which came on for a meeting of creditors pursuant to 11 U.S.C. § 341 and confirmation hearing. Debtors filed a plan proposing to pay Sears and Roebuck Company, the only secured creditor listed, a monthly payment of $34.00 and valued the security of the Sears transaction at $400.00. The plan otherwise provided for a 10...

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