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SOUTH DIVISION CREDIT UNION v. McFARLAND

Nos. 94 C 4613, 93 A 1660 and 93 B 18989.

179 B.R. 87 (1995)

SOUTH DIVISION CREDIT UNION, Plaintiff/Appellant, v. Dorothy McFARLAND, Defendant/Appellee.

United States District Court, N.D. Illinois, Eastern Division.

March 10, 1995.

Attorney(s) appearing for the Case

Lauren Newman, Walinski & Trunkett, Chicago, IL, for South Division Credit Union.

Melvin J. Kaplan, Law Offices of Melvin J. Kaplan, Chicago, IL, for Dorothy McFarland.

MEMORANDUM OPINION AND ORDER

PLUNKETT, District Judge.

Plaintiff/appellant South Division Credit Union (the "Credit Union") appeals from the decision of the bankruptcy court that it may recover only the $3,500 it lent to defendant/appellee and debtor Dorothy McFarland ("McFarland") on the basis of a false financial statement, rather than the entire amount McFarland owed to the Credit Union. For the reasons...

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