Archer v. Warner

Section 523(a)(2) of the Bankruptcy Code excepts from discharge “any debt... for money, property, [or] services, . . . to the extent obtained by . . . false pretenses, a false representation, or actual fraud.” 11 U. S. C. § 523(a)(2)(A) (emphasis added). The Court holds that a debt owed under a settlement agreement was “obtained by” fraud even though the debt resulted from a contractual arrangement pursuant to which the parties agreed, using the broadest language possible, to release one another from “any and every right, claim, or demand . . . arising out of” a fraud action filed by…