Farmers National Bank v. Yokley (In Re Yokley)

MEMORANDUM OPINION

MERRITT S. DEITZ, Jr., Bankruptcy Judge.

Rare is the case in which a bankruptcy court will completely deny a discharge to a bankrupt petitioner. Such an extraordinary measure is justified, we have held, “only where there is a preconceived scheme to thwart the rights of creditors and the processes of this court, or such a cavalier disregard of duty as to constitute the legal equivalent of such motives”. 1 The latter state of affairs, that is, a disregard of the duty of accountability so striking as to create a presumption of wrongful intent, attends this case, as the following…