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Home / Opinion Digests / Failure to Pay Settlement Not ‘Bad Faith’ (access required)

Failure to Pay Settlement Not ‘Bad Faith’ (access required)

Although debtor may have agreed to pay creditor $1,700 from his tax refund to settle the creditor’s $25,000 claim, debtor’s failure to pay the settlement and decision to follow through on a threat to file a Chapter 7 petition do not show he filed the petition in “bad faith,” and the Roanoke U.S. Bankruptcy Court ...