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In re Tammarine

In re Tammarine

Ruling
Claim disallowed where creditor failed to establish whether claim related to a sale and investment or a loan agreement.
Procedural posture

A chapter 13 debtor objected to a creditor's claim that the money the creditor transferred to the debtor was a loan. The bankruptcy court held an evidentiary hearing to determine the validity of the claim under 11 U.S.C.S. § 502(b)(1).

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Consumer opinion summary, case decided on April 30, 2009 , LexisNexis #0709-116