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IN RE KLAPP

Bankruptcy No. BK-87-05557-B.

80 B.R. 540 (1987)

In re Robert R. KLAPP and Norma Klapp, Debtors.

United States Bankruptcy Court, W.D. Oklahoma.

December 11, 1987.

Attorney(s) appearing for the Case

Melinda Monnet and John B. Monnet, Oklahoma City, Okl., for debtors.

Robert H. Jones, Shawnee, Okl., for creditors James B. Walling and Janet Walling.

ORDER ON CONFIRMATION OF CHAPTER 13 PLAN

PAUL B. LINDSEY, Bankruptcy Judge.

I

The material facts in this Chapter 13 proceeding are uncontested. On June 19, 1984, in connection with the purchase of a residence in Asher, Oklahoma, debtors executed a note and mortgage to James B. Walling and Janet Walling ("objecting creditors"). The note, in the principal amount of $20,000, called for equal monthly payments in the amount of $264.30, to amortize the...

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