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Bankruptcy:Chapter 7- Denial of Discharge- Failure to Keep Records

Debtors filed a Chapter 7 petition; among their debts, debtors confessed judgment of approximately $400,000 in favor of a jeweler from whom debtors took possession of watches, earrings and ring collections. Although debtors returned multiple watches and a ring collection, they failed to provide evidence of the value of the returned items, that the items ...

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