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SANFORD INST. FOR SAV. v. GALLO

No. 98-9004.

156 F.3d 71 (1998)

SANFORD INSTITUTION FOR SAVINGS, Plaintiff, Appellant, v. Michael A. GALLO, Jr., Defendant, Appellee.

United States Court of Appeals, First Circuit.

Decided September 4, 1998.

Attorney(s) appearing for the Case

Thomas C. Bradley, with whom Michael K. Martin and Petruccelli & Martin were on brief, for appellant.

James F. Molleur, with whom Woodman & Edmands, P.A. was on brief, for appellee.

Before TORRUELLA, Chief Judge, ROSENN, Senior Circuit Judge, and STAHL, Circuit Judge.

ROSENN, Senior Circuit Judge.

This appeal raises an important question pertaining to the discharge in bankruptcy of a debt for property that was obtained by fraud. Title 11 U.S.C. § 523(a)(2)(A) provides that the debtor shall be denied a discharge of any debt for money or an extension of credit to the extent obtained by a false representation or actual fraud. It is undisputed that the debtor, Michael A. Gallo Jr., knowingly made false representations to the Sanford...

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