Ramco-Remodel Am. Corp. v. Wallis (In re Ramco-Remodel Am. Corp.)
Aug
10
2015
Ruling
Co-debtor third-party guarantor remained liable on debt after debtor's discharge.
Issue(s)
Whether a postpetition, court approved lump sum cash payment from debtor to creditors constituted a full and complete satisfaction and resolution of a prepetition claim so as to release third party guarantor from liability postdischarge?
ABI Membership is required to access the full summary of Ramco-Remodel Am. Corp. v. Wallis (In re Ramco-Remodel Am. Corp.) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: