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IN RE McVAY

Bankruptcy No. 692-60163-R13.

150 B.R. 254 (1993)

In re Jeffrey Brian McVAY and Pamela Arnold McVay, Debtors.

United States Bankruptcy Court, D. Oregon.

January 15, 1993.

Attorney(s) appearing for the Case

Brian D. Green, Lincoln City, OR, for debtor.

George C. Reinmiller, Portland, OR, for First Union Mortg. Corp.

James Ray Streinz, Russell B. Weed, McEwen, Gisvold, Rankin & Stewart, Portland, OR, for Transamerica Financial Services.

Fred Long, Eugene, OR, Trustee.

MEMORANDUM OPINION

ALBERT E. RADCLIFFE, Bankruptcy Judge.

This matter comes before the court for confirmation of the debtors' proposed Chapter 13 plan dated January 9, 1992 (the plan). Two creditors have objected to confirmation of the plan, First Union Mortgage Corporation (First Union) and Transamerica Financial Services (Transamerica).

PROCEDURAL BACKGROUND

The debtors filed their petition for relief herein under Chapter 13 of the Bankruptcy...

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