· 6/29/2006
Ajaka v. BrooksAmerica Mortgage Corp.
Citations
- 453 F.3d 1339
- 2006 U.S. App. LEXIS 16303
- 2006 WL 1765425
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- explaining that a debtor has a duty to “disclose all assets, or potential assets, to the bankruptcy court”
- explaining that a debtor’s duty to disclose extends to all potential assets
- noting that a Chapter 13 debtor “must disclose all assets, or potential assets, to the bankruptcy court[,]” and “[t]he duty to disclose is a continuing one that does not end once the forms are submitted to the bankruptcy court”
- explaining that the duty to disclose under 11 U.S.C. §§ 521(1) and 541(a)(7) “is a continuing one that does not end once the forms are submitted to the bankruptcy court; rather, a debtor must amend his financial statements if circumstances change”
- stating that “two primary factors,” though “not inflexible or exhaustive,” are that (1) “the allegedly inconsistent positions must have been taken under oath in a prior proceeding,” and (2) “they must have been calculated to make a mockery of the judicial system”
- applying a continuing duty to disclose a claim under the Truth in Lending Act that debtor first became aware of after confirmation of his Chapter 13 plan
Source: CourtListener parenthetical corpus (CC0).
Judges: Anderson, Barkett, Bowman
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.