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In re Florence M. Cole

Bankr. No.: 
94-30046
Chapter: 
12
Date of Decision: 
October 15, 1997
Issue: 
Whether Debtor's motion to modify her confirmed plan was filed in good faith and was feasible?
Ruling: 
Debtor's motion to modify her confirmed plan was filed in good faith and was feasible. However, the modified plan was approved only on certain conditions: Debtor had to memorialize any pasture leases, hunting leases, crop sharing agreements, work sharing agreements, cattle wintering agreements, or other financial arrangements on which her modified plan relied. Debtor had to stop all gambling. Debtor had to maintain adequate crop insurance.
Full Bankruptcy Court Decision: