ORDER
CHARLES A. ANDERSON, Bankruptcy Judge.
This matter is before the Court on the debtors’ motion to voluntarily dismiss their petition in bankruptcy. After careful consideration of evidence submitted at the hearing held on January 3, 1980 and of legal memoranda submitted by counsel, the Court finds the debtors’ motion not well taken for the reasons set forth below.
FINDINGS OF FACT
The debtors filed the subject voluntary petition in bankruptcy with this Court on November 20, 1979. The court appointed an interim trustee on November 27, 1979; said interim trustee became the trustee subsequent to the first meeting of creditors.
Schedules A-l, A-2 and A-3, respectively, of the petition state that the debtors have one priority claim in the amount of $9,000.00, seven secured creditors with claims amounting to $84,164.11 and six unsecured creditors with claims amounting to $5,055.08. Schedule B-l lists the debtors’ real property as consisting of nine separate parcels of land with a total value of $36,000.00. A majority of the debtors’ interest in the real property is heavily encumbered by delinquent real estate taxes.
Schedule B-2 of the debtors’ petition originally listed personal property valued at $10,350.00; this amount included six shares of the Kuhns Profit Sharing Plan. However, on January 3, 1980, the debtors amended Schedule B-2 by eliminating the shares in Kuhns Profit Sharing Plan and adding four shares of the “K” Employees Association, Inc., an investment plan, valued at $1,800.00. At that time, the debtors also amended Schedule B-2 to include United Benefit Life insurance policies numbered 222306, 3062413, 222307, 3164205 with a total cash value of $4,920.00, 19.28 shares of NIPCO Stock Purchase Plan valued at approximately $23.00 per share, unvalued retirement benefits for both husband and wife from the NIPCO Pension Plan and the United States Civil Service, respectively, and a possible tax refund based upon I.R.C. § 165(c), amount unknown.
The six shares of the Kuhn Profit Sharing Plan were also originally listed as exempt property in Schedule B-4. However, the January 3, 1980 amendment retracted that exemption and substituted the debtors’ interest in the “K” Employees Association, the pension plans and all the cash value in the above described life insurance policies.
On January 4, 1980, the trustee filed objections to the debtors’ exempting their interests in the “K” Employees Association and the NIPCO Pension Plan. At present, the exempt status of these assets is still in dispute.
The debtors filed the motion to dismiss their petition in bankruptcy on December 13, 1979. As set forth in a memorandum submitted by debtors’ counsel, the debtors requested voluntary dismissal because they have discovered additional assets in their estate which they believe would allow them to satisfy a certain secured creditor. Their plan is to satisfy said creditor out of the proceeds of the newly discovered assets and then to refile a petition in bankruptcy within ninety days after their dismissal. The overall effect of the debtors’ professed intention would be to give one creditor a preference over all other creditors involved in this matter. There is no reason to believe the general unsecured creditors would be assured any debt satisfaction.