Associates Financial Services Co. of Ohio, Inc. v. Lane (In re Lane)

FINDING AS TO DISCHARGEABILITY OF A DEBT

H. F. WHITE, Bankruptcy Judge.

Associates Financial Services Company of Ohio, Inc., hereinafter referred to as “Creditor” filed a complaint against Randy Michael Lane and Leeotia Magdaline Lane, husband and wife, hereinafter referred to as “Debtors”, for determination of dis-chargeability of a debt. Creditor alleges that a loan was obtained by the debtors by the furnishing of a false financial statement, and that the debt is non-dischargea-ble as provided for under 11 U.S.C. 523(a)(2)(B) of the Bankruptcy Code. The debtors denied said allegations and the…