First American National Bank v. Crosslin (In Re Crosslin)

MEMORANDUM

RUSSELL H. HIPPE, Jr., Bankruptcy Judge.

In an opinion rendered in another case on June 25, 1981, this court concluded that when a debt is determined to be nondis-chargeable under the fraud exception provided by 11 U.S.C. § 523(a)(2)(A), relief is measured by the benefit-of-the-bargain rule thereby entitling the creditor to the contract price of goods fraudulently purchased and finance charges computed at the contract rate. Castner Knott Co. v. Wilson, 12 B.R. 363 (Bkrtcy., M.D.Tenn., June 25, 1981). In that proceeding the creditor did not seek recovery of attorneys’ fees as provided…