Heide v. Juve, No. 13-2054 (8th Cir. 2014)
Annotate this CaseDebtor filed for Chapter 7 bankruptcy and his former business associate, David Heide, challenged certain debts debtor owed to Heide as nondischargeable. The court reversed the BAP and reinstated the bankruptcy court's judgment that the debt was non dischargeable under 11 U.S.C. 523(a)(2)(A) because debtor obtained and lost more than $300,000 in loans by false representation.
Court Description: Civil case - Bankruptcy. The Bankruptcy Appellate Panel erred in reversing the bankruptcy court's factual findings that a debt was not dischargeable under 11 U.S.C. Sec. 523(a)(2)(A), and the matter is reversed with directions to reinstate the bankruptcy court's judgment that the $300,000 loan was not dischargeable.
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