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Civil Rights

Apr. 2, 2003

Fraud-Suit Debtors Can't Seek Bankruptcy Refuge

WASHINGTON - The Supreme Court on Monday ruled, 7-2, that debtors who owe money as the result of settling a fraud suit against them cannot avoid paying that money by declaring bankruptcy.

By David F. Pike
Daily Journal Staff Writer
        WASHINGTON - The Supreme Court on Monday ruled, 7-2, that debtors who owe money as the result of settling a fraud suit against them cannot avoid paying that money by declaring bankruptcy.
        Ruling in a case from North Carolina, the justices held that l...

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