OPINION
EMIL F. GOLDHABER, Bankruptcy Judge:
The issue in the case sub judice is whether the defendant-bank's proof of claim should be disallowed because said claim arises out of a promissory note signed by the debtor but for which the debtor alleges there was a failure of consideration. Because we find that the debtor did not intend to give the note as payment for a pre-existing obligation of a third party and since the defendant-bank extinguished...
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