MEMORANDUM
ERIC L. FRANK, Bankruptcy Judge.
I. INTRODUCTION
On October 29, 2008, Gurnam Singh ("the Debtor"), a taxi cab driver and former owner of a liquor store in Burlington, New Jersey, filed a voluntary petition under chapter 7 of the Bankruptcy Code. At the time of his filing, the Debtor owed a prepetition debt to, inter alia, Jagdish Tuli ("Tuli"), a friend who had extended business loans to the Debtor for...
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