In re Gordon (00-51939)

Creditor objected to discharge under Section 523(a)(2)(B) of two debts. Court granted creditor’s request as to a $70,000 debt because debtor recklessly provided materially false financial information with the intent to deceive creditor. The Court denied creditor’s request as to a $30,000 debt because creditor’s reliance on debtor’s financial disclosures was not reasonable when the loan application was submitted more than three months after the date it was filled out and when creditor had a prior relationship with debtor that should have alerted creditor to possible inaccuracies on the application.

Friday, June 15, 2001