Where a stipulation of a settlement of an objection to confirmation provided that a creditor’s claim would be “excepted from discharge pursuant to 11 U.S.C. § 523(a)(6)”, the stipulation would not prevent the discharge of the claim based upon a breach of fiduciary duty, tortious interference with business relations, unfair competition, defamation, and conversion which resulted in a state jury...
From the Editor – Claims
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By The Honorable William Houston Brown (Retired)
State law did not make debt unenforceable for purposes of § 502(b)(1). North Carolina statute required a debt buyer to attach specific materials to a complaint or claim, including a copy of the contract or writing and assignment, but the court determined that this requirement was applicable to actions to collect debt, distinguishing collection activity from the filing of a proof of claim. “If filing of a proof of claim constituted a ‘collection’ activity, than filing of proofs of claim under § 502(b) would be fundamentally at odds . . .
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