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IN RE RODEBAUGH

Bankruptcy No. 181-00117, Adv. No. 181-0057.

12 B.R. 81 (1981)

In re Ralph Ernest RODEBAUGH and Marcelle Louise Rodebaugh, Debtors. The SAVINGS & LOAN ASSOCIATION OF BANGOR, Plaintiff, v. Ralph Ernest RODEBAUGH and Marcelle Louise Rodebaugh and Gerald S. Cope, as Chapter 13 Trustee, Defendants.

United States Bankruptcy Court, D. Maine.

June 19, 1981.

Attorney(s) appearing for the Case

William Conte, Gary M. Growe, Conte & Growe, Bangor, Me., for debtors.

Michael S. Haenn, Mitchell & Stearns, Bangor, Me., for plaintiff.

Gerald S. Cope, Portland, Me., Chapter 13 Trustee.

MEMORANDUM OPINION

CONRAD K. CYR, Bankruptcy Judge.

The plaintiff holds a valid and enforceable first real estate mortgage on the two-family residence owned by the defendants (debtors), which has a fair market value of $35,000 and upon which is owed in excess of $43,000. The debtors propose to pay $225 per month under a chapter 13 plan yet to be confirmed over the objection of the plaintiff. Plaintiff demands relief...

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