In Re Thomas W. Price, Debtor, Thomas W. Price v. United States Trustee
Court of Appeals for the Ninth Circuit
1Opinion of the Court
THOMAS, Circuit Judge.
In this appeal, we consider whether the bankruptcy court appropriately dismissed a Chapter 7 bankruptcy for substantial abuse pursuant to 11 U.S.C. § 707(b). Under the circumstances presented by this case, we conclude that it did.
I
Thomas Price is a computer consultant. In addition, during the relevant period, he and his wife operated several women’s clothing stores in Reno, Nevada. Price had financed these stores through cash and credit card advances. The businesses failed, along with his own computer consulting business. Price estimates that he and his wife lost…
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