Jacobs v. Versa Corp. (In Re Jacobs)

TRIAL OPINION

THOMAS J. TUCKER, Bankruptcy Judge.

I. Introduction

In this adversary proceeding, Versa Corp. seeks a determination that the debt owing to it by the Chapter 7 Debtor, Yury Jacobs, is nondischargeable under 11 U.S.C. § 523(a)(2)(A). The Court held a bench trial, and later entered an order permitting the parties to file post-trial briefs regarding specified issues. When that briefing was completed, the Court took the case under advisement.

This opinion states the Court’s findings of fact and conclusions of law.

For the reasons stated below, the Court finds for Yury Jacobs, and will…