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In re Todd H. Sayles and Jill R. Sayles

Bankr. No.: 
01-41423
Chapter: 
11
Date of Decision: 
November 5, 2002
Issue: 
Whether Debtors were farmers as defined by § 101(20) so as to preclude conversion of their Chapter 11 case to a Chapter 7 case pursuant to § 1112(c)?
Ruling: 
Debtors were not farmers as defined by § 101(20) so their Chapter 11 case was converted to Chapter 7. They did not meet the requirement of § 101(20) that 80% of their gross income in the year preceding their petition come from their farm.
Full Bankruptcy Court Decision: