First National Bank of Claude v. Williams (In Re Williams)

MEMORANDUM OF DECISION

JOHN C. AKARD, Bankruptcy Judge.

The First National Bank of Claude, Claude, Texas (Bank) filed a Complaint Objecting to the Discharge of Forrest E. Williams and C. Delores Williams, the Debtors in the captioned proceeding, under §§ 727(a)(3), (a)(4)(D), and (a)(5) of the Bankruptcy Code. 1

Facts

Mr. Williams is a skilled carpenter and experienced construction supervisor. The Debtors decided to go into business for themselves under the name of Forrest Williams, Contractor. Their lack of business acumen is demonstrated by the fact that they only stayed in business for…