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MATTER OF WILLIS

Bankruptcy No. 80 B 7780.

6 B.R. 555 (1980)

In the Matter of James R. WILLIS, Jr., Debtor. GENERAL MOTORS ACCEPTANCE CORPORATION, Plaintiff, v. James R. WILLIS, Jr., Defendant.

United States Bankruptcy Court, N.D. Illinois, E.D.

October 9, 1980.

Attorney(s) appearing for the Case

Michael L. Thiel, Chicago, Ill., for plaintiff.

Kornfeld & Spitz, Chicago, Ill., for defendant.

OPINION AND ORDER

RICHARD L. MERRICK, Bankruptcy Judge.

This cause arose on a motion of General Motors Acceptance Corporation (hereinafter "G.M.A.C.") that the confirmation of a Chapter 13 plan be vacated because the Court refused to approve as being excessive a priority stipulation respecting a 1979 Buick Riviera. The particular significance of this claim is that the plan proposes to pay secured creditors 100% of their claims in contrast to 10% for unsecured...

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