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IN RE WOODS

Bankruptcy No. 85-01097K, Adv. No. 85-0614K.

66 B.R. 984 (1986)

In re John WOODS, Debtor. ITT FINANCIAL SERVICES, Plaintiff, v. John WOODS, Defendant.

United States Bankruptcy Court, E.D. Pennsylvania.

November 13, 1986.

Attorney(s) appearing for the Case

Larry S. Eisman, Simon Jeffrey Rosen, Philadelphia, Pa., for plaintiff.

Michael A. Cibik, John F. Gehring, Philadelphia, Pa., for debtor.

William Schaps, Philadelphia, Pa., Trustee.

OPINION

DAVID A. SCHOLL, Bankruptcy Judge.

This adversarial proceeding presents a challenge to the dischargeability of the Debtor's obligation to the Plaintiff loan company in a Chapter 7 bankruptcy case, pursuant to 11 U.S.C. §§ 523(a)(2)(A), 523(a)(2)(B), and 523(a)(2)(C). Because we find that the transaction was a closed-end consumer loan, we conclude that the transaction in issue was neither a debt for "luxury goods or services" nor an extension...

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