- 11 U.S.C.
Adams v. Inzero (In re Inzero)
Oct
21
2009
Ruling
Gambling addiction provided sufficient explanation for missing funds to rebut trustee's objection to discharge.
Procedural posture
Plaintiff, the United States trustee, brought a claim opposing the debtor's entitlement to a discharge, pursuant to 11 U.S.C.S. § 727(a)(5). The trustee alleged that the debtor failed to satisfactorily explain the loss of over $ 100,000 in a deficiency of assets to meet his liabilities, and thus had forfeited his right to obtain a discharge of his debts.
ABI Membership is required to access the full summary of Adams v. Inzero (In re Inzero) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: