Where debtors challenged the denial of discharge, the bankruptcy court properly found that the debtors failed to justify their failure to keep adequate records of financially significant transactions of watches and jewelry. Judgment is affirmed. Snyder v. Dykes (MLW No. ...

Tagged with: 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, ...

Tagged with: Bankruptcy Chapter 7 Denial Of Discharge Failure to Keep Records

Where debtors’ failure to maintain adequate records to allow the bankruptcy court to determine the value of the transactions between debtors and creditor jeweler, bankruptcy court was justified in denying charge. Judgment is affirmed. In re: Dykes (MLW No. 72253/Case ...

Tagged with: Bankruptcy Chapter 7 Denial Of Discharge Failure to Keep Records