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Harold & Diane Olsen, BK80-1641

Court overruled secured creditor's objection to Chap. 13 plan, holding that the debtors need pay only the allowed amount of the claim (the fair market value of the collateral), rather than the full amount owed on the finance company's recourse obligation

Date: 
Tuesday, December 2, 1980
Judge: 
Judge Timothy J. Mahoney (Retired)