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IN RE KVAMME

Bankruptcy No. 86-06005.

91 B.R. 77 (1988)

In re Tim KVAMME and Teri Kvamme, Debtors.

United States Bankruptcy Court, D. North Dakota.

August 18, 1988.

Attorney(s) appearing for the Case

William F. Needler, Chicago, Ill., for debtor.

Glenn Fenske, Fargo, N.D., Local Counsel, for debtor.

Cameron Hayden, Bismarck, N.D., for USA/FmHA/ASCS.

Mark Larson, Minot, N.D., for Velva Credit Union.

R. James Maxson, Minot, N.D., for People's State Bank of Velva.

ORDER

WILLIAM A. HILL, Bankruptcy Judge.

At the confirmation hearing on the Debtors' third amended Chapter 11 plan held on August 9, 1988, the Debtors, through recently retained counsel conceded that the plan as written could not be confirmed but requested additional time to prepare a fourth amended plan modifying the treatment accorded FmHA.

FmHA is presently a Class 4 creditor holding a second mortgage on 1,200 acres presently valued at $98,948...

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