Cadwell v. Joelson (In Re Joelson)

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that statements regarding some of the assets that Joelson claimed to own did not constitute “a statement as to Joel-son’s overall financial health analogous to a balance sheet, income statement, statement of changes in financial position, or income and debt statement.”
• stating that “[a]ll statements regarding a debtor’s financial condition, whether written or oral, are expressly excluded from subsection (A)”
• holding the better approach is the “narrow interpretation that defines a statement of financial condition to be a statement of debtor’s net worth, overall financial health, or ability to generate income”
• concluding that the identical phrase in Section 523(a)(2)(A
• “a statement about one part of Joelson’s income flow ... does not reflect Joelson’s overall financial health.”
• “If a debt is obtained by a false oral ‘statement respecting the debtor’s ... financial condition,’ the debt is dischargea-ble.”

Source: CourtListener parenthetical corpus (CC0).