Orix Credit Alliance, Inc. v. Cole (In Re Cole)

FINDINGS OF FACT, CONCLUSIONS OF LAW AND MEMORANDUM OPINION

ALEXANDER L. PASKAY, Chief Judge,

In this Chapter 7 liquidation case, the above-styled adversary proceeding concerns the dischargeability vel non of an obligation of the Debtor, Albert B. Cole (Debtor) owed to Orix Credit Alliance, Inc. (Orix) pursuant to 11 U.S.C. § 523(a)(6). Orix’s Complaint for a finding of nondischargeability is based upon assertions that the Debtor willfully and maliciously sold, transferred or otherwise disposed of property in which Orix held a perfected security interest.

In due course the matter was set down…