Peoples Trust & Savings Bank v. Hanselman (In re Hanselman)

Pre 2005-Act: 
Pre 2005-Act
Ruling: 
Debt was dischargeable where creditor's reliance on poorly completed financial statement was not reasonable.
Procedural posture: 
Plaintiff creditor brought a Complaint to determine dischargeability of debt against defendant debtor. At trial, the creditor limited the scope of its Complaint to seeking a determination of nondischargeability regarding Claim 1-1 pursuant to 11 U.S.C.S. § 523(a)(2)(B). Judgment was pending.
Issue: 
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Consumer case opionion summary, case decided on April 21,2011, LexisNexis #0511-137