Old Republic Natl Title Ins. Co. v. Levasseur (In re Levasseur)
Oct
29
2012
Ruling
Debt based on debtor's willful withdrawal of funds from closed equity line of credit was nondischargeable.
Procedural posture
The assignee of a state court judgment against debtor arising out of her wrongful conduct in withdrawing funds from a closed equity line of credit (LOC), sought a determination that the resulting debt was nondischargeable per 11 U.S.C.S. § 523(a). Plaintiff also sought orders sustaining its objections per 11 U.S.C.S. § 522(l) to debtor's claim of exemption and to debtor's motion per § 522(f) to avoid its judicial lien.
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Court
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