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IN RE TOMEO

Bankruptcy No. 77-630 TT, 631 and 632.

1 B.R. 673 (1979)

In re William TOMEO and Mary M. Tomeo, husband and wife, Individually and jointly, Bankrupts. HCC CONSUMER DISCOUNT COMPANY, Plaintiff, v. William TOMEO and Mary M. Tomeo, Defendants.

United States Bankruptcy Court, E.D. Pennsylvania.

December 18, 1979.

Attorney(s) appearing for the Case

Lawrence J. Hracho, Reading, Pa., for bankrupts.

Ellis Brodstein, Trustee, Reading, Pa.

Stephen J. Gring, Reading, Pa., for HCC Consumer Discount Co.

OPINION

THOMAS M. TWARDOWSKI, Bankruptcy Judge:

The present proceedings concern the dischargeability of a certain debt founded on a loan allegedly made in reliance upon a false financial statement.1

In December, 1976, William and Mary Tomeo, the bankrupts, applied for and obtained a loan from the plaintiff, HCC Consumer Discount Company ("HCC"), in the gross amount of $3,024, to be repaid in 36 monthly installments of...

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