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Home / Opinion Digests / 4th Cir.: Bad-faith filing not proved by isolated factors (access required)

4th Cir.: Bad-faith filing not proved by isolated factors (access required)

Even if a debtor filed for bankruptcy in response to a judgment against him and possessed significant assets, the district court did not err in finding that the debtor did not file for bankruptcy in bad faith. Background Appellee Peter Romero, a former U.S. Ambassador, filed a Chapter 7 bankruptcy petition after he was found liable for ...