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Peoples Sav. Bank v. Pitz (In re Pitz)

Peoples Sav. Bank v. Pitz (In re Pitz)

Ruling
Cash out and transfer of proceeds of crops in which creditor had a security interest was a basis for nondischargeability on grounds of embezzlement or larceny.
Issue(s)
Was debt nondischargeable due to larceny or embezzlement based on debtor's cash out and transfer of proceeds of crops in which creditor had a security interest?

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Consumer opinion summary, case decided on April 13, 2016 , LexisNexis #0516-086