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IN RE BARRICK

Bankruptcy No. 12 B 02646. Adversary No. 12 A 01280.

518 B.R. 453 (2014)

In re Kenneth R. BARRICK, Debtor. Federal Deposit Insurance Corporation, as receiver for the Arcola Homestead Savings Bank, Plaintiff, v. Kenneth Barrick, Defendant.

United States Bankruptcy Court, N.D. Illinois, Eastern Division.

Signed September 24, 2014.

Attorney(s) appearing for the Case

Kent A. Gaertner, Springer, Brown, Covey, Gaertner & Davis, Wheaton, IL, for Debtor.

MEMORANDUM OPINION

DONALD R. CASSLING, Bankruptcy Judge.

The decision in this adversary proceeding turns on the failure of both parties to meet their respective burdens of proof.

In Counts I and II of the complaint, the Plaintiff, Federal Deposit Insurance Corporation, acting as receiver of a failed bank, seeks a finding of nondischargeability under 11 U.S.C. § 523(a)(2)(B) and (a)(4). The Plaintiff argues that the Debtor obtained a loan from...

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