Foster v. McAdams (In Re McAdams)

FINDINGS OF FACT AND MEMORANDUM

CHARLES J. MARRO, Bankruptcy Judge.

This is an adversary proceeding on the complaint to determine dischargeability of debt. It is predicated on Sec. 523(a)(2) which makes non-dischargeable a debt for obtaining money, property or services by actual fraud or a false representation.

FINDINGS OF FACT

The debtor filed her petition for relief under Chapter 7 on October 14, 1980. She listed the plaintiffs as unsecured creditors in the sum of $3,000.00.

In May, 1979 the plaintiffs and the defendant negotiated for the sale of a house and about an acre of land in…