Branch Banking & Trust Co. v. Adam (In re Adam)

Ruling: 
Loan guarantees upon which bank did not reasonably rely were dischargeable.
Procedural posture: 
Creditor bank, made three loans to two entities controlled by the debtor, which he individually guaranteed. The bank sought to have the debtor's guarantees determined to be nondischargeable because he provided false personal financial statements to obtain the loans, under 11 U.S.C.S. § 523(a)(2)(B), or alternatively, he willfully and maliciously injured the bank, under 11 U.S.C.S. § 523(a)(6).
Issue: 
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Consumer case opionion summary, case decided on January 29,2009, LexisNexis #0609-080