Citation Codes Equivalent Citations citation codes Docket Number Case: 08-47156. See more information ... Smart Summary Please sign up to generate summary. In re MACARTHUR HEIGHTS HOMEOWNERS' ASSOCIATION, Chapter 11, Debtor-in-Possession. MEMORANDUM RE SECOND AMENDED PLAN AND DISCLOSURE STATEMENT LESLIE TCHAIKOVSKY, Bankruptcy Judge The Court has reviewed the Second Amended Plan and Disclosure Statement and, if one amendment is made to the Second Amended Plan, is prepared to conditionally approve the Second Amended Disclosure Statement. The Second Amended Disclosure Statement discloses that the settlement with the Class 4 Creditor, ACT, provides for payment of a total of $610,898.22, $125,000 on the effective date of the plan and the balance paid monthly over ten years with four percent interest. The Second Amended Plan makes no mention of the $125,000 to be paid on the effective date. The settlement agreement, which the Court approved and a copy of which is attached to the Second Amended Plan, provides for the $125,000 payment on the effective date. Therefore, the Court presumes that the failure to mention this payment in the Second Amended Plan is an oversight. If this omission is corrected, the Court will sign the proposed form of order that has been submitted.