Sunday, May 23, 2010

No Denial of Discharge Based on Vicarious Liability per Section 523(a)(2)

In re Treadwell, 423 B.R. 309 (8th Cir. 2010). The 8th



Circuit noted that it would be highly unusual to hold a debt


nondischargeable where the debtor is only vicariouisly


liable and had NOT participated in the underlying fraud.
 
Warmest Regards,

Bob Schaller

Your Bankruptcy Advisor Blog

By: Attorney Robert Schaller (Bob's bio) of the Schaller Law Firm Click for Bankruptcy Lawyer Job Opportunities. You are invited to contact Attorney Schaller at 630-655-1233 or visit his website at Discharging Student Loans to learn about how the bankruptcy laws can help you. Bob is a member of the National Bankruptcy College Attorney Network, American Bankruptcy Institute and the National Association of Consumer Bankruptcy Attorneys.

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