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IN RE FRAZA

Bankruptcy No. 90-10137.

143 B.R. 584 (1992)

In re James E. FRAZA, Gail A. Fraza, Debtors.

United States Bankruptcy Court, D. Rhode Island.

August 18, 1992.

Attorney(s) appearing for the Case

Leo J. Dailey, Nolan & Dailey, Coventry, R.I., for debtors.

Thomas B. Orr, Newport, R.I., for Orix Credit Alliance, Inc.

Louis A. Geremia, Chapter 7 Trustee, Cuzzone, Geremia & Civittolo, Providence, R.I.

DECISION

ARTHUR N. VOTOLATO, Jr., Bankruptcy Judge.

Heard on August 6, 1992, on the Debtors' Motion to Reopen their bankruptcy case, to add Orix Credit Alliance ("Orix") to the schedules as an unsecured creditor. Orix objects to the motion on the grounds of fraud, laches, and prejudice.

After hearing, we make the following findings of fact and conclusions of law: In October 1989, James Fraza guaranteed a...

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