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Justices Back Bankruptcy Protections For Dishonest Debtors

Law360 (June 4, 2018, 10:36 AM EDT) -- The U.S. Supreme Court on Monday cemented enhanced protections for financially strapped individuals seeking to wipe away their debts in bankruptcy, resolving a circuit split over the dischargeability of debts procured by fraudulent statements that involve a debtor’s financial condition.

In a debtor-friendly interpretation of a U.S. Bankruptcy Code provision dealing with the dischargeability of a common type of obligation, the court unanimously ruled that debts obtained using false statements “respecting the debtors’ ... financial condition” can be terminated in a consumer bankruptcy case even if...
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Case Information

Case Title

Lamar, Archer & Cofrin, LLP, Petitioner v. R. Scott Appling


Case Number

16-1215

Court

Supreme Court

Nature of Suit

3422 Bankruptcy Appeals Rule 28 USC 158

Date Filed

April 11, 2017

Law Firms

Government Agencies

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