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Carto v. Oakley (In re Oakley)

Ruling
Discharge denied due to debtor's reckless omissions from schedules.
Issue(s)
Were debtor's omissions concerning assets and prepetition transfers grounds for denial of discharge.

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Consumer opinion summary, case decided on December 30, 2013 , LexisNexis #0114-093

421 Chestnut Partners LP v. Aloia (In re Aloia)

Ruling
Extension of time to object to discharge denied as creditor was not diligent in its investigation.
Procedural posture

Creditor brought an adversary proceeding against bankruptcy debtor seeking a denial of the debtor's discharge based on the debtor's failure to disclose assets and false statements. The debtor moved to dismiss the complaint as untimely, and the creditor moved to extend the time for objecting to the debtor's discharge.

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Consumer opinion summary, case decided on July 17, 2013 , LexisNexis #0813-024

In re Brown

Ruling
Damages awarded due to judgment creditor's and counsel's failures to halt levy in violation of stay.
Procedural posture

Chapter 11 debtors filed a motion for relief for violations of the automatic stay under 11 U.S.C.S. § 362(k) against an individual judgment creditor and his counsel. The creditor had failed to halt a postpetition levy against the debtors' real property, despite knowledge of the bankruptcy filing.

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Consumer opinion summary, case decided on September 06, 2012 , LexisNexis #1012-047

In re Omega Optical Inc.

Ruling
Creditor could not amend claim to be secured where confirmed plan treated claim as unsecured.
Procedural posture

Debtor corporation filed a petition under chapter 11 of the Bankruptcy Code and proposed a plan for reorganizing its business. A bank that filed an unsecured claim against the debtor's bankruptcy estate filed a motion to amend its claim, and the debtor opposed the motion and asked the court, pursuant to Fed. R. Bankr. P. 3022, to enter a final decree which closed its case.

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Commercial opinion summary, case decided on July 27, 2012 , LexisNexis #0812-136

Krywopusk v. Raftogianis (In re Raftogianis)

Ruling
Discharge denied due to numerous errors, omissions and inconsistencies demonstrating reckless indifference to truth.
Procedural posture

Plaintiff creditor filed a complaint against defendant chapter 7 debtor, seeking denial of the debtor's discharge pursuant to 11 U.S.C.S. § 727(a)(4)(A).

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Consumer opinion summary, case decided on July 12, 2012 , LexisNexis #0812-060

In re Canoe Mfg. Co.

Ruling
Debtor's CEO's motion to reopen 1995 case to relitigate issues ruled on in state court denied.
Procedural posture

Movant, acting pro se, filed a motion, purportedly on behalf of the corporate debtor, to reopen a chapter 7 case that was closed in 1995. The motion under 11 U.S.C.S. § 350(b) was opposed by an attorney and his law firm, the likely defendants in an adversary proceeding if the case was reopened.

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Commercial opinion summary, case decided on February 01, 2012 , LexisNexis #0312-068

In re Brewery Park Assocs. LP

Ruling
Confirmation denied and chapter 11 case dismissed where debtor was unable to submit a viable plan and there was no possibility of a dividend to unsecured creditors in chapter 7.
Procedural posture

A creditor secured by a chapter 11 bankruptcy debtor's real property sought confirmation of a plan of reorganization which provided for the creditor to obtain the debtor's interest in the property via a credit bid at a sale of the property or to be paid in full from the proceeds of sale of the property to a third party. The debtor objected to confirmation of the plan and moved for voluntary dismissal of the debtor's case.

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Commercial opinion summary, case decided on April 29, 2011 , LexisNexis #0511-130

In re Gibellino-Schutz

Ruling
Relief from stay to pursue indemnity and contribution actions against debtor denied.
Procedural posture

Cross claimants in state court litigation with Chapter 7 debtor filed a motion seeking termination of the bankruptcy stay under 11 U.S.C.S. § 362(d)(1) so that they could prosecute their indemnity and contribution crossclaim against the debtor.

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Consumer opinion summary, case decided on April 11, 2011 , LexisNexis #0511-047

Butler v. HSBC Mortg. Servs. (In re Butler)

Ruling
Wholly unsecured second lien could be avoided.
Procedural posture

Chapter 13 debtors sought to avoid the second mortgage lien of defendant creditor pursuant to 11 U.S.C.S. § 506, contending that the value of the collateral was less than the amount owed on the first mortgage lien.

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Consumer opinion summary, case decided on November 15, 2010 , LexisNexis #1210-134

In re Felheimer

Ruling
Creditor who was allegedly misled by debtor into not asserting rights in bankruptcy could not reopen case to have debt declared nondischargeable.
Procedural posture

A creditor filed a motion to reopen a Chapter 7 debtor's closed bankruptcy case under 11 U.S.C.S. § 350(b) and Fed. R. Bankr. P. 5010. She sought to reopen the bankruptcy case to file an adversary proceeding to seek a declaration of nondischargeability of her debt under 11 U.S.C.S. § 523(a)(2), (4), and to seek revocation of his discharge under 11 U.S.C.S. § 727(d).

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Consumer opinion summary, case decided on October 13, 2010 , LexisNexis #1110-139