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IN RE BOOKOUT

Bankruptcy No. 98-10272M.

231 B.R. 306 (1999)

In re William Dean BOOKOUT and Carol L. Bookout, Debtors.

United States Bankruptcy Court, E.D. Arkansas, Batesville Division.

March 18, 1999.

Attorney(s) appearing for the Case

David D. Coop, North Little Rock, AR, Trustee.

Paul E. Hopper, Horseshoe Bend, AR, for debtors.

Michelle C. Huff, Cherokee Village, AR, for First National Bank of Sharp County.

ORDER

JAMES G. MIXON, Chief Judge.

The matter before the Court is an objection to confirmation by First National Bank of Sharp County ("Bank"). The Bank objects to the proposed chapter 13 plan of reorganization of William and Carol Bookout ("Debtors") on the grounds that the plan impermissibly modifies the rights of the Bank, which purports to hold a claim secured only by a security interest in the Debtors' principal residence. After a hearing on...

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