Bank of Nebraska v. Rose (In re Rose)
United States Bankruptcy Appellate Panel for the Eighth Circuit
1Opinion of the Court
NAIL, Bankruptcy Judge.
Mark M. Rose (“Debtor”) appeals the June 11, 2012 judgment of the bankruptcy court1 determining the debt he owed to Bank of Nebraska (“Bank”) was excepted from discharge under 11 U.S.C. § 523(a)(2)(B) and denying any recovery on Debtor’s counterclaim. We affirm.
BACKGROUND
Over a three-year period beginning in 2003, Debtor borrowed money from Bank and pledged various items as collateral. Debtor ultimately defaulted on the loans. After Bank sold the collateral and applied the proceeds to the indebtedness, a deficiency of more than $300,000.00 remained.
*543Debtor filed a…
2Cases cited12 opinions
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- Randall Waldman v. Ronald StoneCourt of Appeals for the Sixth Circuit · 2012
- James ABRAMOWITZ, D.D.S., Appellee, v. Toni PALMER, AppellantCourt of Appeals for the Eighth Circuit · 1993
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