Legal Question in Bankruptcy in South Dakota

In a letter from Citi, it states: If you include this debt in a bankruptcy filing, we are entitled to introduce this Agreement into evidence in any proceedings brought under Section (a)(2)(A).

I have searched everywhere but can't find out what Section 253 is in regards to. Can you help?


Asked on 6/02/12, 12:08 pm

1 Answer from Attorneys
Jim Craig Craig Law Office

11 USC 523 refers to the bankruptcy code and exceptions to discharge. 523(a)(2)(A) excepts from discharge a debt obtained by false pretenses, a false representation, or actual fraud, other than a statement respecting the debtor's or insider's financial condition (covered in (B).

To have a court rule that a debt is non-dischargeable, creditor must bring an adversary action in the bankruptcy case.

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Answered on 6/03/12, 6:06 am


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