First State Bank of Roscoe v. Stabler (In re Stabler)

Case Type:
Case Status:
No. 17-1904, 2019 WL 362454 (8th Circuit, Jan 30,2019) Published
Bankruptcy court properly held bank and its principal in contempt and sanctioned them for violating a final bankruptcy discharge injunction.
Procedural context:
Debtors filed for bankruptcy. Debtors listed bank on schedules with a claim that was much less than the amount owed. After discharge, bank obtained a new commitment from the debtors to pay the debt. Later, bank commenced collection efforts when debtors fell behind on their payments. In state-court litigation, debtors and bank asserted multiple claims. Later, bankruptcy court rejected bank's arguments and sanctioned it. District court affirmed.
Debtors borrowed from bank. Bank held priority liens against debtors' property.
Shepherd, Melloy, Grasz

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