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MATTER OF GRAHAM

Bankruptcy Nos. 79-00469, 79-00468 and 80-00020, Adv. Nos. 80-0007, 80-0010.

7 B.R. 5 (1980)

In the Matter of Elmer Lawrence GRAHAM, Jr. and Zelma Louise Graham, Debtors, Graham & Blonigan, Inc., a Nevada Corporation, dba Bates & Bell T.V. & Appliances, Debtor, Richard John Blonigan, Debtor. GENERAL ELECTRIC CREDIT CORPORATION, a corporation, Plaintiff, v. Elmer Lawrence GRAHAM, Jr.; Zelma Louise Graham; and Graham & Blonigan, Inc., dba Bates & Bell T.V. & Appliances, Defendants. GENERAL ELECTRIC CREDIT CORPORATION, a corporation, Plaintiff, v. Richard John BLONIGAN, Defendant.

United States Bankruptcy Court, D. Nevada.

June 19, 1980.

Attorney(s) appearing for the Case

Harold A. Swafford, Reno, Nev., for debtors, Grahams and Graham & Blonigan.

Sylvia J. Thompson, Reno, Nev., for debtor, Blonigan.

H. Dale Murphy, Reno, Nev., for plaintiff.

OPINION AND DECISION

BERT M. GOLDWATER, Bankruptcy Judge.

These consolidated adversary cases were filed by General Electric Credit Corporation (GECC) to have a collateral deficiency in its flooring inventory declared nondischargeable in the personal bankruptcies of Mr. and Mrs. Elmer Graham (Grahams) and Richard Blonigan (Blonigan) who were the chief stockholders, officers and directors of Graham & Blonigan, Inc. doing business as Bates & Bell T...

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