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First Exch. Bank of W. Va. v. Cross (In re Cross)

First Exch. Bank of W. Va. v. Cross (In re Cross)

Ruling
Foreclosure deficiency owed by debtor who was an employee of creditor bank was dischargeable absent fiduciary duty.
Procedural posture

Plaintiff creditor sought entry of summary judgment on its claim against the debtor to except a foreclosure deficiency balance of about $50,000 from his chapter 7 discharge under 11 U.S.C.S. § 523(a)(4).

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Consumer opinion summary, case decided on August 27, 2010 , LexisNexis #0910-083