Kap-Sum Props. LLC v. Ly (In re Ly)
Aug
10
2012
Ruling
Discharge denied due to undisclosed prepetition transfer of business for no consideration and retention of interest in business.
Procedural posture
Creditor filed a complaint against chapter 7 debtor objecting to her discharge pursuant to 11 U.S.C.S. § 727(a)(2)(A), (a)(4)(A), (a)(6)(A), and (a)(3). The creditor moved for a default judgment. The debtor failed to appear at the hearing on the motion for default judgment and presented no evidence by affidavit.
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Court
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