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IN RE GETZOFF

BAP No. CC-94-2368-MeSHa. Bankruptcy No. LA 92-24707 TD. Adv. No. 94-02623.

180 B.R. 572 (1995)

In re Stephen N. GETZOFF and Kay Getzoff, Debtors. REPUBLIC BANK OF CALIFORNIA, N.A., fka SafraBank California, Appellant, v. Stephen N. GETZOFF, Appellee.

United States Bankruptcy Appellate Panel, of the Ninth Circuit.

Decided April 21, 1995.

Attorney(s) appearing for the Case

Elissa D. Miller, Los Angeles, CA, for appellant.

Steven L. Crane, Los Angeles, CA, for appellee.

Before MEYERS, SULLIVAN and HAGAN, Bankruptcy Judges.

OPINION

MEYERS, Bankruptcy Judge:

I

The bankruptcy court held that a guaranty executed postpetition was invalid under Section 524 of the Bankruptcy Code because it was based on a discharged debt. The creditor appeals from the summary judgment entered against it.

We AFFIRM.

II

FACTS

On November 20, 1991, Getzoff Accountancy Corporation ("GAC") signed a promissory note and obtained a loan from SafraBank...

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