Wendel v. Daugherty (In Re Daugherty)

MEMORANDUM DECISION

THOMAS C. BRITTON, Bankruptcy Judge.

The trustee seeks under 11 U.S.C. § 727(d)(1) to revoke the debtor’s discharge. The debtors have answered (C.P. No. 5) and the matter was tried on July 21, 1981.

The debtors, a retired engineer and his wife, filed a chapter 7 petition on May 27, 1980. The schedules represent that the debtors had financial records for two years before bankruptcy. The schedules disclosed the receipt of $85,000 for the sale of their home six months before bankruptcy. No other transfer within a year of filing was disclosed. The schedules disclosed no cash nor…