Sheets v. Livy Book Reviews

Sheets v. Livy by United States Court of Appeals for the Fourth Circuit Book Summary

The District Judge dismissed without hearing an amended petition of the farm debtor in which he prayed to be adjudged a bankrupt in accordance with the Act relating to bankruptcy and all Acts amendatory thereto, including Subsection (s) of Section 75 of the Act, 11 U.S.C.A. § 203(s), to the end that all relief, special and general, to which he might be entitled might be granted him. Previously the debtor had filed a petition under Section 75. The matter had been referred to a Conciliation Commissioner, schedules of assets and liabilities and proofs of claims of creditors had been filed. A proposal of extension or composition had been made by the debtor, and the Conciliation Commissioner had certified to the court that only two claims had been filed and allowed, that the proposal had been rejected by a creditor whose claim was secured by deed of trust and constituted by far the larger part of the indebtedness, and that the debtor had failed to obtain acceptance in writing by the creditors of his offer.

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Sheets v. Livy (United States Court of Appeals for the Fourth Circuit) Book Reviews 2024

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