IN RE UNIVERSAL FACTORING CO., INC.

No. 98-03383-M, No. 98-03807-M.

329 B.R. 62 (2005)

In re UNIVERSAL FACTORING COMPANY, INC.; James Ray Eckhart; The James Dawson Eckhart and Sydne Marie Eckhart Irrevocable Trust Dated May 1, 1996, Debtors.

United States Bankruptcy Court, N.D. Oklahoma.

August 22, 2005.


Attorney(s) appearing for the Case

Sam G. Bratton II, Doerner, Saunders, Daniel & Anderson, LLP, Tulsa, OK, for the Debtor, Universal Factoring Co., Inc.

Sam G. Bratton II, Doerner, Saunders, Daniel & Anderson, LLP, Tulsa, OK, for the Applicant.

Patrick J. Malloy III, Malloy Law Firm, P.C., Tulsa, OK, Chapter 7 Trustee.

Paul R. Thomas, Tulsa, OK, for United States Trustee.


MEMORANDUM OPINION

TERRENCE L. MICHAEL, Chief Judge.

Over seventy years ago, the United States Supreme Court coined the maxim that bankruptcy exists for the benefit of "the honest but unfortunate debtor."1 What, then, are bankruptcy courts to do when the debtor is neither honest nor unfortunate? Should they stand as his sanctuary? Should the charlatan be given the same breathing spell and opportunity to reorganize as a debtor...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases