Certain debts were dischargeable because the evidence at trial did not establish that the debtor intentionally made a false representation to plaintiffs induce them to sell their cows to him. Rather, he intended to pay them in full but was unable to.

The personal property lease was a disguised security interest rather than a true lease because the purchase option price at the end of the lease term is nominal additional consideration amounting to 10 percent of the original price of the equipment.

The lessee of personal property owned by debtor was found to be in contempt for refusing to turn the property over to the debtor in possession and the secured creditors, & was subject to monetary sanctions if the property was not immediately returned.

Code doesn't provide for post-confirmation changes in creditors' lien status, even if oversecured. Debtors were entitled to discharge because they'd made all payments to unsecured creditors required under plan

The court found that the debtor's sale of leased farm equipment without the lessor's knowledge or permission constituted willful and malicious conduct against the lessor, rendering the debt non-dischargeable under 11 U.S.C. section 523(a)(6)

An unsecured junior lien on debtor's residential real estate may be avoided after the debtor completes Chapter 13 plan payments. The bankruptcy court's Sanders decision, interpreting Nobelman, permits wholly unsecured liens to be stripped off.

The transfer of property subject to an IRS estate tax lien divested the property of the lien. The IRS lien on remaining property was junior to prior perfected security interests. A Chapter 12 plan may modify the IRS's rights, including timing of payments

Debtor rejected lease, so its failure to perform obligation to remove & dispose of gasoline storage tanks & equipment, and contamination, was a breach of the lease and treated as a pre-petition claim

There is no prohibition in the Bankruptcy Code against a Chapter 11 small-business debtor filing more than one plan, & no specific language in § 1121 or § 1129 mandating dismissal of the case if the first plan is withdrawn or fails to comply with Title 11

The Nebraska homestead exemption statutes do not appear to have extraterritorial effect, so debtor was not permitted to claim a homestead exemption in a Kansas residence