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Johnson, In re

Johnson, In re

Ruling
Debtor's case converted to a case under chapter 7 of the bankruptcy code where the conversionwas in debtors' best interest as it would allow them to discharge over $9 million in general andsubordinated debt. (Bankr. C.D. Cal.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal; What Constitutes “Cause”; Loss or Diminution of Estate.

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Consumer opinion summary, case decided on March 03, 2017 , LexisNexis #0417-018