Legal Opinion
Tower Credit, Inc. v. Williams (In Re Williams)
United States Bankruptcy Court, M.D. Louisiana
Decided July 7, 2010No. 19-10070PublishedCited by 5 opinions
1Opinion of the Court
MEMORANDUM OPINION
DOUGLAS D. DODD, Bankruptcy Judge.
This lawsuit turns on debtor Kelli Williams’s alleged misstatements and omissions on her Tower Credit, Inc. (“Tower”) loan application and whether Tower relied on those alleged misstatements and omissions in deciding to extend the loan.
Tower contends that its claim against Williams is not dischargeable under 11 U.S.C. § 523(a)(2)(A) and (B). Because the evidence established that Tower did not reasonably rely on Williams’s misrepresentations during the application process, the obligation is dischargeable.
FACTS
The Tower Loan Application
Kelli…
2Cases cited10 opinions
- Field v. MansSupreme Court of the United States · 1995
- RecoverEdge L.P. v. PentecostCourt of Appeals for the Fifth Circuit · 1995
- In the Matter of Rodney Dale Coston and Billie Katherine Coston, Debtors. Rodney Dale Coston and Billie Katherine Coston v. Bank of MalvernCourt of Appeals for the Fifth Circuit · 1993
- In Re Edwin Leo Vann, Debtor. City Bank & Trust Co. v. Edwin Leo VannCourt of Appeals for the Eleventh Circuit · 1995
- General Electric Capital Corp. v. Acosta (In Re Acosta)Court of Appeals for the Fifth Circuit · 2005
5 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Tower Credit, Inc. v. Lathers (In re Lathers)United States Bankruptcy Court, M.D. Louisiana · 2015
- Tower Credit, Inc. v. Carter (In re Carter)United States Bankruptcy Court, M.D. Louisiana · 2015
- Choice Credit, LLC v. DentUnited States Bankruptcy Court, M.D. Louisiana · 2020
- Citizens Bank v. Freeman (In re Freeman)United States Bankruptcy Court, S.D. Mississippi · 2019
- GulfSouth Credit, Inc. v. Perry (In re Perry)United States Bankruptcy Court, M.D. Louisiana · 2016