Morris Plan Industrial Bank v. Lassman

The objection to the bankrupt’s discharge is because of a false financial statement made in November, 1937, upon which he borrowed from the obj ecting creditor. The false item was an entry upon the statement of “$75” in answer to the question "What is the total amount of your debts ? ” Four judgments had been entered against the bankrupt in 1932, aggregating more than $270, which were for dresses delivered to his wife, who was engaged in business, and lor whom he was a surety. His excuse was that “they were really no debts”; he “did not think they were debts”; they were “really my wife’s…