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IN RE OLSEN

No. 06-6044NE.

363 B.R. 908 (2007)

In re Robert Edward OLSEN, Sr. and, Roselita Marie Olsen, Debtors. Robert Edward Olsen, Sr. and, Roselita Marie Olsen, Debtors-Appellants, v. Habitat for Humanity, Objector-Appellee.

United States Bankruptcy Appellate Panel for the Eighth Circuit.

Filed: March 9, 2007.

Attorney(s) appearing for the Case

Lea Wroblewski, Lincoln, NE, for appellants.

Shawn Peter Dontigney, Lincoln, NE, Corey L. Stull, Lincoln, NE, for appellee.

Before KRESSEL, Chief Judge, SCHERMER and VENTERS, Bankruptcy Judges.

KRESSEL, Chief Judge.

The debtors appeal from an interlocutory order denying confirmation of their plan. We granted the debtors leave to appeal and we reverse.

Background

On July 28, 1998, the debtors purchased their home from Habitat for Humanity. As part of the purchase, the debtors executed two promissory notes. Note 1 required the debtors to pay a principal sum of $35,773 without interest over 224 months. The monthly payment was $160 with a final...

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