Arvest Mortgage Co. v. Nail (In Re Nail)
Court of Appeals for the Eighth Circuit
1Opinion of the Court
LOKEN, Circuit Judge.
Elizabeth E. Nail borrowed from Arvest Mortgage Company (“Arvest”) to purchase a newly-constructed home, executing a promissory note and mortgage. In April 2009, Ms. Nail filed a voluntary petition for Chapter 13 bankruptcy relief. Arvest then purchased the mortgaged property at a foreclosure sale for substantially less than what Ms. Nail owed on the promissory note and filed this adversary proceeding, seeking a judgment declaring the mortgage debt nondischargeable under 11 U.S.C. § 523(a)(2) and (4). At trial, the bankruptcy court directed a verdict for Ms. Nail on the §…
2Cases cited16 opinions
- Davis v. Aetna Acceptance Co.Supreme Court of the United States · 1934
- In Re Jesse H. Long, Debtor. Barclays American/business Credit, Inc. v. Jesse H. LongCourt of Appeals for the Eighth Circuit · 1985
- Chapman v. Forsyth & LimerickSupreme Court of the United States · 1844
- In the Matter of Simon Angelle, D/B/A Angelle's Lumber Co., Bankrupts. Simon Angelle v. Dr. Kenneth P. ReedCourt of Appeals for the Fifth Circuit · 1980
- In the Matter of Nancy S. Marchiando, Debtor-Appellee. Appeal of State of Illinois, Department of the LotteryCourt of Appeals for the Seventh Circuit · 1994
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- Credit Associates, Inc. v. BlevinsUnited States Bankruptcy Court, D. Oregon · 2020
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