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IN RE DAVIS-BROWN

Case No. 17-21719-C-7 Adv. Pro. No. 17-02052.

610 B.R. 641 (2019)

IN RE: Alisica DAVIS-BROWN, Debtor. BMW Bank of North America Plaintiff, v. Alisica Davis-Brown, Defendant.

United States Bankruptcy Court, E.D. California.

Signed December 18, 2019.

Editors Note
Nature of Suit: 62 — Dischargeability - 523(a)(2), false pretenses, false representation, actual fraud.
Source: PACER

Attorney(s) appearing for the Case

Timothy J. Silverman, Scheer Law Group, Newport Beach, CA, for BMW Bank of North America.

Before: Christopher M. Klein, Bankruptcy Judge.

OPINION

A bank's blind reliance on financial ratios does not qualify as "reasonable reliance" on a false financial statement for purposes of excepting a debt from discharge under 11 U.S.C. § 523(a)(2)(B)(iii) when it has information inconsistent with the credit application presented through...

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