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Boyd v. New Peoples Bank, Inc. (In re Boyd)

Citation: 562 B.R. 324Docket: CASE NO. 08-71119; ADVERSARY PROCEEDING NO. 16-07008

Court: United States Bankruptcy Court, W.D. Virginia; November 29, 2016; Us Bankruptcy; United States Bankruptcy Court

Narrative Opinion Summary

In an adversary proceeding, the Debtor challenged the Bank for violating the discharge injunction under 11 U.S.C. 524 following his Chapter 7 bankruptcy. The Court found the Bank violated the injunction by inducing the Debtor to sign new promissory notes after his discharge. The Debtor sought damages for payments made on notes and associated costs. The Court ruled these payments were voluntary until the execution of the Second Note, which constituted a violation, awarding $11,796.29 in damages. Payments for insurance, utilities, and taxes were deemed non-recoverable, being in rem obligations. Attorney's fees of $5,500 were awarded as part of the damages, but punitive damages were denied due to lack of evidence of egregious conduct. Jurisdiction was established under 28 U.S.C. 1334(a) and 157(a), with the case deemed a core bankruptcy proceeding. The outcome mandated the Bank to compensate the Debtor within 30 days, emphasizing the need for creditor compliance with discharge injunctions.

Legal Issues Addressed

Attorney's Fees as Actual Damages

Application: The Court awarded $5,500.00 for attorney fees based on the established violation of the discharge injunction.

Reasoning: The Court ordered the Bank to compensate the Debtor $5,500.00 for attorney fees and $586.00 for court reporter fees, totaling $11,796.29, to be paid within 30 days.

Damages under 11 U.S.C. 105(a)

Application: The Court awarded the Debtor actual damages, attorney's fees, and court reporter fees, but found no grounds for punitive damages.

Reasoning: The Court awarded the Debtor $11,796.29 in actual damages, $5,500.00 in attorneys’ fees, and $586.00 in court reporter fees, but found no grounds for punitive damages.

In Rem Obligations under Deed of Trust

Application: The Debtor's payments for taxes, insurance, and utilities were deemed non-recoverable as they were in rem obligations under the deed of trust.

Reasoning: The Debtor’s payments totaling $20,744.10 for taxes, insurance, and utilities are deemed non-recoverable since they arose from in rem obligations under the deed of trust.

Punitive Damages under 11 U.S.C. 105

Application: Punitive damages were not awarded as the Court found insufficient evidence of egregious or malevolent conduct by the Bank.

Reasoning: While the Bank was found to willfully violate the discharge injunction, the Court determined there was insufficient evidence of malevolence or egregious conduct to justify punitive damages.

Violation of Discharge Injunction under 11 U.S.C. 524

Application: The Bank was found to have violated the discharge injunction by inducing the Debtor to execute a new promissory note after the discharge of personal liability.

Reasoning: The Court previously determined on May 27, 2016, that the Bank violated this injunction and scheduled a hearing to consider appropriate sanctions.