Charles S. Rule v. Gayle G. Rule

This case involves the proper characterization for purposes of the Bankruptcy Act of a written property settlement agreement entered into in 1972 between the appellant, Charles S. Rule, and his then wife, Gayle G. Rule, in connection with their contemplated divorce. In 1979 Mr. Rule was adjudicated a voluntary bankrupt and was granted a discharge. The present case involves a controversy between Mr. and the former Mrs. Rule, who for a brief period of time was Mrs. Phillips, as to whether the former’s obligation under the contract to make mortgage payments, including taxes and insurance, on the…