In re Watson
Nov
01
2010
Ruling
Case based on one-creditor dispute ordered converted or dismissed.
Procedural posture
Debtor doctor filed a Chapter 7 bankruptcy petition. Creditor hospital and former employer moved to dismiss the petition on the basis that the petition was filed in bad faith. The creditor asserted that the case was essentially a one-creditor dispute and the debtor had the ability to pay the amount owed to the creditor under an income guarantee agreement.
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Court
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