utahbusinesslawadvisor

UTAH BUSINESS LAW ADVISOR

February 2017

The Utah Supreme Court Again Requires Reasonable Conduct Under the Circumstances

The Utah Supreme Court ruled against a debtor who asserted a novel defense to repayment of a $250,000 loan in default. The case is Crapo v. Zions Bank. The debtor claimed that once the bank sent him a Form 1099-C discharging his debt, the bank could no longer attempt to collect the bad debt from […]

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