SOME DEBTS FOLLOW YOU TO THE GRAVE Personal
Post# of 39368
Posted On: 12/04/2013 1:40:45 PM
SOME DEBTS FOLLOW YOU TO THE GRAVE
Personal Bankruptcy Exemptions
... “willful and malicious” conduct has been the subject of substantial litigation. Both elements are necessary. Willful means that the debtor acted purposefully. Malicious has been defined as knowing that the act is likely to or will cause an injury or harm. The injury or harm does not need to be substantial or severe to fall under the definition of maliciousness; the mere knowledge that the action is likely to cause an injury has generally been deemed sufficient. If the debtor knew what she was doing, did it on purpose, and knew it would probably cause some type of injury or damage, the resulting debt is non-dischargeable."
The petitioners better have the best attorney their money can buy because if the judge determines their lawsuit was "willful and malicious" the debt they will owe to Treaty will not go away ever until satisfied!
Personal Bankruptcy Exemptions
... “willful and malicious” conduct has been the subject of substantial litigation. Both elements are necessary. Willful means that the debtor acted purposefully. Malicious has been defined as knowing that the act is likely to or will cause an injury or harm. The injury or harm does not need to be substantial or severe to fall under the definition of maliciousness; the mere knowledge that the action is likely to cause an injury has generally been deemed sufficient. If the debtor knew what she was doing, did it on purpose, and knew it would probably cause some type of injury or damage, the resulting debt is non-dischargeable."
The petitioners better have the best attorney their money can buy because if the judge determines their lawsuit was "willful and malicious" the debt they will owe to Treaty will not go away ever until satisfied!
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