Legal Opinion
Citizens & Northern Bank v. Phillips (In Re Phillips)
United States Bankruptcy Court, M.D. Pennsylvania
Decided June 29, 1982No. Bankruptcy No. BK 5-81-00765, Adv. No. 5-81-0522PublishedCited by 11 opinions
1Opinion of the Court
OPINION AND ORDER
THOMAS C. GIBBONS, Bankruptcy Judge:
The plaintiff, Citizens & Northern Bank (the Bank), commenced this adversary proceeding against the debtors for a determination of the non-dischargeability of a debt under § 523(a)(2) of the Bankruptcy Code. Subject to the provisions of that section, § 523(a)(2) exempts from discharge debts incurred through a debtor’s misstatements.
The debtors applied to the Bank for a $50,000 business loan in July of 1980. They sought the loan to consolidate several outstanding loans granted by the Bank and to satisfy an $18,000 debt to another Bank. Upon…
2Cases cited4 opinions
- In Re DolnickDistrict Court, N.D. Illinois · 1974
- Hennessy Cadillac, Inc. v. Green (In Re Green)United States Bankruptcy Court, N.D. Georgia · 1980
- Camden National Bank v. Archangeli (In Re Archangeli)United States Bankruptcy Court, D. Maine · 1980
- In Re KnightDistrict Court, M.D. Louisiana · 1976
3Cited by11 opinions
- In Re Peter Bogdanovich & Louise Hoogstratten Bogdanovich, Debtors. Gerald Schneiderman, Aly Spencer, and Barry Spencer v. Peter Bogdanovich & Louise Hoogstratten Bogdanovich, Debtors-AppellantsCourt of Appeals for the Second Circuit · 2002
- Weiss v. Alicea (In Re Alicea)United States Bankruptcy Court, S.D. New York · 1999
- Household Finance Corp. v. Howard (In Re Howard)United States Bankruptcy Court, N.D. Indiana · 1987
- Gehlhausen v. Olinger (In Re Olinger)United States Bankruptcy Court, S.D. Indiana · 1993
- Jokay Co. v. Mercado (In Re Mercado)United States Bankruptcy Court, C.D. California · 1992
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