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arguments in defense of 523(a)
Just wondering what successful arguments you all have come up with to thwart a 523(a)(2) action where the particular debt is one which debtor balance transferred a large amount a couple months prior to filing bankruptcy onto a new card. Historically, debtor had been making payments for years and trying to take advantage of lower (or zero) interest rates, but finally concluded he had to file BK because he couldn't keep this up forever. Of course, the last creditor doesn't know all this history and doesn't care, so they are filing a 523.
Is debtor dead in the water?
***********************************************
Mark J. Markus
Law Office of Mark J. Markus
11684 Ventura Blvd. PMB #403
Studio City, CA 91604-2652
(818)509-1173
(818)509-1460 (fax)
e-mail: bklawr@bklaw.com
web: http://www.bklaw.com/
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Just wondering what successful arguments you all
have come up with to thwart a 523(a)(2) action where the particular debt is one
which debtor balance transferred a large amount a couple months prior to filing
bankruptcy onto a new card. Historically, debtor had been making
payments for years and trying to take advantage of lower (or zero) interestrates, but finally concluded he had to file BK because he couldn't keep this up
forever. Of course, the last creditor doesn't know all this history and
doesn't care, so they are filing a 523.
Is debtor dead in the water?
***********************************************Mark J. MarkusLaw
Office of Mark J. Markus11684 Ventura Blvd. PMB #403Studio City, CA91604-2652(818)509-1173(818)509-1460 (fax)e-mail: bklawr@bklaw.comweb:
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