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IN RE TURNER

Bankruptcy No. 05-20610-M. Adversary No. 06-01089-M.

358 B.R. 422 (2006)

In re Curtis L. TURNER and Brenda A. Turner, Debtors. Richard C. Bailey, Plaintiff, v. Curtis L. Turner, Defendant.

United States Bankruptcy Court, N.D. Oklahoma.

December 20, 2006.

Attorney(s) appearing for the Case

John David Dale, Gable and Gotwals, Tulsa, OK, for Debtors.

Scott P. Kirtley, Riggs Abney Neal Turpen Orbison, Tulsa, OK, for Plaintiff.

Sidney K. Swinson, Tyson Dean Schwerdtfeger, Gable and Gotwals, Tulsa, OK, for Defendant.

MEMORANDUM OPINION

TERRENCE L. MICHAEL, Bankruptcy Judge.

Presently at issue before the Court is the discharge of approximately $1 million in debt owed by Curtis L. Turner ("Turner") to Richard C. Bailey ("Bailey"). The case is one involving the failed sale of a business. Boiled to its essence, what we have here is the tale of two financial statements, both given to Bailey by Turner at roughly the same time. One statement shows the business at issue to be...

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