School student Debbie is having a disturbing nightmare in class in which Freddy Krueger is tormenting her. He begins taunting her over her poor grades in school, and disguises himself as her divorced parents to drive her insane. Before he can finish her though, another Freddy in a dark cloak arrives and the two begin to fight over who gets to kill for Debbie's soul. After a long fought battle, where it appears both Freddy's are evenly matched despite their multiple powers, they agree to go all-out to see who can get their 'victim'. However, before a winner can be determined, Debbie wakes up.