Teachers Service Organization, Inc. v. Anderson (In Re Anderson)

MEMORANDUM DECISION

THOMAS C. BRITTON, Bankruptcy Judge.

Plaintiff seeks a determination that its claim of $1,736 is nondischargeable under 11 U.S.C. § 523(a)(2)(B). (C.P. No. 1). Defendant has answered. (C.P. No. 9). The matter was tried before me on April 1. This order incorporates findings and conclusions as authorized by B.R. 752(a).

The plaintiff’s credit union had dealt with the debtor, a teacher since November, 1976. The relationship had been a satisfactory one and the debtor’s first two loans, November 1976 and November 1978 were uneventful until July, 1979 when the balance which…