What are the arguments that the debt is dischargeable in bankruptcy?- Explain whether the debt is dischargeable in bankruptcy.
ASSIGNMENT Leonard and Arlene Warner sold the Warner Manufacturing Company to Elliott and Carol Archer for $610,000. A few months later, the Archers sued the Warners in a State court for fraud connected with the sale. The parties settled the law- suit for $300,000. The Warners paid the Archers $200,000 and executed a promissory note […]