- 11 U.S.C.
McDonald v. Morgan (In re Morgan)
Sep
17
2009
Ruling
Debt was nondischargeable due to the debtor's misrepresentation regarding amount and purpose of loan.
Procedural posture
Plaintiff creditor sued seeking a monetary judgment against defendant debtor and a determination that it was nondischargeable under 11 U.S.C.S. § 523(a)(2). The complaint averred that debtor made false statements and misrepresentations upon which the creditor relied when he agreed to allow debtor to borrow money against a residence, under the representation that debtor was only going to borrow enough to pay off a truck. Judgment was pending.
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Court
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