In re: Katsman

Federal 7th Circuit Court
Civil Court
Bankruptcy
Citation
Case Number: 
No. 13-1881
Decision Date: 
November 19, 2014
Federal District: 
N.D. Ill., E. Div.
Holding: 
Affirmed
Dist. Ct. did not err in reversing Bankruptcy Ct. order that rejected creditor’s objection to debtor’s discharge of listed debts in her bankruptcy petition, where record showed that debtor failed to list said creditor’s debt, as well as debts of four other creditors and failed to list certain jointly owned property, and where Ct. of Appeals found that said failures established pattern of reckless indifference to truth so as to support Dist. Ct.’s denial of discharge. Moreover, Bankruptcy Ct. erred in believing that “fraudulent” making of false oath, for purposes of 11 USC section 727(a)(4)(A), required showing that false oath resulted in pecuniary gain for debtor, since finding of reckless indifference to truth was sufficient basis to establish debtor’s fraudulent intent in instant bankruptcy proceeding.