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IN RE WILLIAMS

Bankruptcy No. 80-01991-HP.

11 B.R. 504 (1981)

In re Arthur & Mary WILLIAMS, Debtors.

United States Bankruptcy Court, S.D. Texas, Houston Division.

June 9, 1981.

Attorney(s) appearing for the Case

Sam L. Stolbun, Houston, Tex., for Colonial Financial Serv.

Don J. Knabeschuh, Beaumont, Tex., for debtors.

Dan O'Connell, Houston, Tex., trustee.

MEMORANDUM OPINION ON OBJECTION TO CONFIRMATION

E.H. PATTON, Jr., Bankruptcy Judge.

Before the court is an objection to confirmation by Colonial Financial Service, Inc. (hereinafter referred to as Colonial) to the confirmation of a Chapter 13 plan filed by the debtors, Arthur and Mary Williams. A hearing was held on March 27, 1981 and the matter was taken under advisement by the court.

Colonial is the assignee of two promissory notes on which the...

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