Guaranty Bank & Trust Co. v. Sanford (In re Sanford)
Feb
16
2007
Ruling
Debtor's sale of cattle that served as collateral without accounting for proceeds rendered debt nondischargeable.
Procedural posture
Plaintiff creditor brought an adversary proceeding against defendant bankruptcy debtor, seeking a determination that a debt to the creditor was not dischargeable under 11 U.S.C. § 523(a) based on the debtor's sale of the creditor's collateral, and seeking to deny the debtor a discharge under 11 U.S.C. § 727(a). The bankruptcy court conducted a trial.
ABI Membership is required to access the full summary of Guaranty Bank & Trust Co. v. Sanford (In re Sanford) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: