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IN RE CARTER

Bankruptcy No. 86-08294, Adv. No. 87-7530.

78 B.R. 811 (1987)

In re Raymond V. CARTER and Rebecca Lynn Carter, Debtor. SECURITY FEDERAL CREDIT UNION, Plaintiff, v. Raymond V. CARTER and Rebecca Lynn Carter, Defendants.

United States Bankruptcy Court, E.D. Michigan, S.D., at Flint.

October 27, 1987.

Attorney(s) appearing for the Case

W. Schuyler Seymour, Flint, Mich., for plaintiff.

Leonard B. Shulman, Flint, Mich., for defendants.

MEMORANDUM OPINION ON DEFENDANTS' MOTION TO DISMISS AFTER PLAINTIFF'S PROOFS

ARTHUR J. SPECTOR, Bankruptcy Judge.

On March 19, 1987, Security Federal Credit Union filed a suit under 11 U.S.C. § 523(a)(2) requesting the court to determine the defendants' debt to it to be nondischargeable. The plaintiff alleged that the defendants submitted a false financial statement upon which the credit union relied in granting them a $1,000 advance on May...

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