Republic Bank of California, N.A. v. Getzoff (In Re Getzoff)
United States Bankruptcy Appellate Panel for the Ninth Circuit
1Opinion of the Court
OPINION
MEYERS, Bankruptcy Judge:
I
The bankruptcy court held that a guaranty executed postpetition was invalid under Section 524 of the Bankruptcy Code because it was based on a discharged debt. The creditor appeals from the summary judgment entered against it.
We AFFIRM.
II
FACTS
On November 20, 1991, Getzoff Accountancy Corporation (“GAC”) signed a promissory note and obtained a loan from SafraBank California, now known as Republic Bank of California (“Bank”). The note called for monthly payments of interest only, with the entire principal balance of $250,000 due and payable on May 20, 1992.
On…
2Cases cited14 opinions
- In Re Sammy G. Daily, Debtor. Federal Deposit Insurance Corp., Receiver for Indian Springs State Bank v. Sammy G. DailyCourt of Appeals for the Ninth Circuit · 1995
- In Re Robert John Price, Debtor. Roy E. Lompa v. Robert John PriceCourt of Appeals for the Ninth Circuit · 1989
- In Re Kroeger Properties and Development, Inc.United States Bankruptcy Appellate Panel for the Ninth Circuit · 1986
- In Re BowlingUnited States Bankruptcy Court, S.D. Indiana · 1990
- Florida v. Ticor Title Insurance Co. of California (In Re Florida)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1994
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- In Re LatanowichUnited States Bankruptcy Court, D. Massachusetts · 1997
- Cherry v. Arendall (In Re Cherry)United States Bankruptcy Court, E.D. Virginia · 2000
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