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Jeffrey A. Fischer & Melanie J. Fischer, Ch. 12, BK08-40125-TJM (Feb. 28, 2008)

The court granted the Chapter 12 debtors’ motions to sell property in the ordinary course of business and to use cash collateral of $22,000, finding that the objecting secured creditor was protected by an equity cushion of $178,000. The court also directed the debtors to obtain hazard insurance to protect the collateral for the benefit of the bankruptcy estate and the secured creditor.

Thursday, February 28, 2008
Judge Timothy J. Mahoney (Retired)