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Merchant, In re--Kohn v. Merchant

Merchant, In re--Kohn v. Merchant

Ruling
Chapter 7 debtor's obligation pursuant to a $1 million promissory note to creditors wasexcepted from his discharge as debtor obtained the loan using a written statement thatcontained false representations. (Bankr. C.D. Ill.)
Issue(s)
Exceptions to Discharge; Types of Debt Excepted; Fraud.

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Consumer opinion summary, case decided on March 31, 2020 , LexisNexis #0520-084