Quantcast
Home / Opinion Digests / Purchase Loan Was Nondischargeable (access required)

Purchase Loan Was Nondischargeable (access required)

A Lynchburg U.S. District Court reverses a bankruptcy court’s denial of a creditor’s motion to have a debt declared nondischargeable; the bankruptcy court erred in its factual findings, and the district court concludes the creditor has proven fraudulent misrepresentations that render the debt nondischargeable. The creditor, a semi-retired homebuilder, loaned $150,000 to debtor to allow debtor ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*