In re Symeonidis
Jul
24
2012
Ruling
Case dismissed for bad faith as debtor filed solely to benefit from stay and did not intend to implement a plan.
Procedural posture
A bankruptcy trustee asserted that a bankruptcy debtor filed his bankruptcy petition solely to benefit from the automatic bankruptcy stay with no intention of implementing a plan. The trustee moved to dismiss the debtor's case based on the bad faith of the debtor.
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Court
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