All Trades Temporary Services, LLC v. Coates (In re Coates)

FINDINGS OF FACT AND CONCLUSIONS OF LAW

R. KIMBALL MOSIER, Bankruptcy Judge.

This adversary proceeding stems from a contractual relationship that deteriorated *844during the depths of the Great Recession. According to the complaint filed by Plaintiff All Trades Temporary Services, LLC, the Defendants, Jerry and Debra W. Coates,1 entered into a promissory note with All Trades in 2007. The note obligated All Trades to make payments to the Coateses, who were in turn obligated to make payments on an underlying note. While All Trades fulfilled its responsibilities, the Coateses failed to complete…