IN RE WAGES

No. 11-40249-JDP.

479 B.R. 575 (2012)

In re Clayton H. WAGES and Andrea S. Wages, Debtors.

United States Bankruptcy Court, D. Idaho.

July 24, 2012.


Attorney(s) appearing for the Case

Brent Robinson , Robinson, Anthon & Tribe, Rupert, ID, for Debtor.

Brian Langford , Routh Crabtree Olsen, P.S., Boise, ID, for JPMorgan Chase Bank.

Mary Kimmel , Boise, ID, Office of the U.S. Trustee.


MEMORANDUM OF DECISION

JIM D. PAPPAS, Bankruptcy Judge.

Introduction

Chapter 111 debtors Clayton and Andrea Wages ("Debtors") reside in a house situated on approximately 11 acres (the "Property") near Heyburn. They also use the Property in the operation of their trucking business. Debtors have proposed a chapter 11 plan in which they modify the terms of a mortgage on the Property held by JPMorgan Chase Bank,...

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