- 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
Analysis: Bankrupt Borrowers Won’t Forfeit Coronavirus Aid Payments to Creditors Under Stimulus Package
3060 in the system
1 Being Processed