Eric L. Bizeau

CourtUnited States Bankruptcy Court, W.D. Wisconsin
DecidedMarch 21, 2025
Docket3-24-11074
StatusUnknown

This text of Eric L. Bizeau (Eric L. Bizeau) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, W.D. Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Eric L. Bizeau, (Wis. 2025).

Opinion

UNITED STATES BANKRUPTCY COURT FOR THE WESTERN DISTRICT OF WISCONSIN In re: Case No. 24-11074-rmb Eric L. Bizeau, Chapter 7 Debtor. DECISION ON UNITED STATES TRUSTEE’S MOTION TO DISMISS

Debtor Eric Bizeau (“Bizeau”) listed on his schedules a debt owed to the U.S. Small Business Administration based on a guarantee his wife signed for a loan related to her insurance business. Bizeau did not sign the loan documents, but he contends that he and/or his property are liable for the debt under Wisconsin law. The debt at issue is a non-consumer debt. If Bizeau is able to claim the debt as his own, then his debts are not primarily consumer debts and his chapter 7 case cannot be dismissed for abuse under 11 U.S.C. § 707(b). The U.S. Trustee argues that neither Bizeau nor his property are liable for the debt because Bizeau’s wife received a chapter 7 discharge in late 2023. The Court agrees with the U.S. Trustee that neither Bizeau nor his property is liable for the debt. Bizeau’s debts are therefore primarily consumer debts, and this case is subject to review for abuse under § 707(b). BACKGROUND Bizeau and the U.S. Trustee submitted a stipulated set of facts. This decision is based on those stipulated facts and the other undisputed facts in the record. Bizeau married Melissa Ann Bizeau (referred to herein as “Melissa”) on June 19, 2020. They have resided in Wisconsin during the marriage. On December 18, 2020, they entered into an Opt Out Marital Property Agreement (the “Marital Agreement”). At the time they entered into the Marital Agreement, Melissa owned and operated an insurance business named Bizeau Agency, Inc. (the “Agency”). Bizeau and Melissa intended the Marital Agreement to shield Bizeau from liabilities related to the Agency that Melissa had incurred before the marriage. On February 9, 2021, Melissa, on behalf of the Agency, took out a loan from the U.S. Small Business Administration (“SBA”) in the amount of $105,200. The loan was intended to

provide economic assistance to the Agency related to the Covid-19 pandemic. The loan amount was later increased to $421,100.00. Melissa signed an Unconditional Guarantee pursuant to which she personally guaranteed repayment of the entire loan. The SBA did not receive a copy of the Marital Agreement before extending the loan. On August 28, 2023, Melissa filed a voluntary chapter 7 petition in this district, Case No. 23-11512. Melissa’s schedules included an unsecured debt owed to SBA Disaster Loan Servicing Center in the amount of $425,088.66 (the “SBA Debt”). The SBA Debt was based on the Unconditional Guarantee that Melissa signed. The SBA Debt was more than half of Melissa’s total stated liabilities of $704,492.83.1 Melissa’s Official Form 122A-1 Chapter 7 Statement of Your Current Monthly Income, which is used to determine whether a motion to

dismiss under § 707(b) can be brought, was blank, and she filed a Statement of Exemption from Presumption of Abuse Under § 707(b)(2) because her debts were not primarily consumer debts. On December 11, 2023, the Court entered an Order of Discharge, which granted Melissa a discharge under 11 U.S.C. § 727. On April 24, 2024, the chapter 7 trustee filed a no-asset report and the case was closed. One month later, on May 29, 2024, Bizeau filed a voluntary chapter 7 petition. On page 6 of the petition, he answered “Yes” to the question to the question “Are your debts primarily consumer debts?” He filed the required statements and schedules on June 12, 2024. His

1 Melissa later amended her schedules, and the total debt on her amended schedules was $708,874.56. schedules included total debt of $165,247.25. The parties agree that all the debts initially listed on the schedules are consumer debts. Bizeau’s Official Form 122A-1 Chapter 7 Statement of Your Current Monthly Income (“CMI Form”) indicated that his annualized income was $119,746.08, just shy of the median household income of $122,571.00 for a family of four in

Wisconsin. On August 12, 2024, the United States Trustee filed a motion to dismiss the case for abuse under 11 U.S.C. § 707(b). The U.S. Trustee contended that Bizeau had not properly accounted for Melissa’s income. With Melissa’s income appropriately added, Bizeau’s income would be above median, making his case subject to dismissal under § 707(b)(2). Bizeau responded by filing several documents. First, he amended his schedules. As relevant here, the amended schedules indicate that Bizeau has $148,636.57 in secured debt, and $506,085.32 in unsecured debt. The added debts include tax debt owed to the Internal Revenue Service and the Wisconsin Department of Revenue.2 Bizeau also added a debt owed to SBA Disaster Loan Servicing Center in the amount of $425,088.66. The stated basis for the debt is

“EIDL Loan personally guaranteed by Debtor’s non-filing spouse.” The parties agree that this debt is the SBA Debt based on the Unconditional Guarantee Melissa signed. Bizeau did not sign the Unconditional Guarantee, or any of the loan documents for the SBA loan to the Agency. Bizeau also filed an amended CMI Form. The amended form is blank and is accompanied by a Statement of Exemption from Presumption of Abuse Under § 707(b)(2), in

2 The parties appear to dispute whether the tax debt is owed by Bizeau at all and if so whether it is consumer debt. This dispute is irrelevant to the U.S. Trustee’s motion to dismiss because the tax debt is not more than half of Bizeau’s other debts. which Bizeau certified that his debts are not primarily consumer debts so he is not subject to any presumption of abuse in § 707(b).3 Finally, Bizeau objected to the U.S. Trustee’s motion to dismiss. He says that he initially believed he was not liable on the SBA Debt based on the terms of the Marital Agreement, but

after reviewing the agreement in more detail, he concluded that he is liable on the debt because the agreement covered only liabilities that preceded the marriage. Bizeau argues that he is liable on the SBA Debt, so his debts are not primarily consumer debts and his case cannot be dismissed under § 707(b). The U.S. Trustee and Bizeau agree that Bizeau’s liability (or not) on the SBA Debt is a threshold question that must be decided before the motion to dismiss can be finally resolved, and the parties submitted briefing on that issue. DISCUSSION The U.S. Trustee seeks dismissal of this chapter 7 case under 11 U.S.C. § 707(b). Under that section, a chapter 7 case can be dismissed or, with consent of the debtor, converted to a case under chapter 11 or chapter 13, if the court “finds that the granting of relief would be an abuse of the provisions of [chapter 7].” 11 U.S.C. § 707(b)(1). In considering a motion under § 707(b), a

court “shall presume abuse exists” if the debtor’s current monthly income, calculated using a formula in the statute, is greater than a specified amount. 11 U.S.C. § 707(b)(2). Debtors whose income is less than the state median income for a household of their size are not subject to the presumption in § 707(b)(2). The abuse provisions in § 707(b) apply only to “a case filed by an individual debtor . . . whose debts are primarily consumer debts.” 11 U.S.C. § 707(b)(1). The cases of corporate

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Stewart v. United States Trustee (In Re Stewart)
175 F.3d 796 (Tenth Circuit, 1999)
In Re Schmiedel
236 B.R. 393 (E.D. Wisconsin, 1999)
In RE MARRIAGE OF CURDA-DERICKSON v. Derickson
2003 WI App 167 (Court of Appeals of Wisconsin, 2003)
Bank One, Appleton, NA v. Reynolds
500 N.W.2d 337 (Court of Appeals of Wisconsin, 1993)
The Journal Sentinel, Inc. v. Schultz
2001 WI App 260 (Court of Appeals of Wisconsin, 2001)
In Re Hlavin
394 B.R. 441 (S.D. Ohio, 2008)
Bothe Ex Rel. Gross v. American Family Insurance
464 N.W.2d 109 (Court of Appeals of Wisconsin, 1990)
In Re Strickland
153 B.R. 909 (D. New Mexico, 1993)
Irby v. Fashion Bug (In Re Irby)
337 B.R. 293 (N.D. Ohio, 2005)
In Re Moore
318 B.R. 679 (W.D. Wisconsin, 2004)
In RE MARRIAGE OF HERDT v. Herdt
447 N.W.2d 66 (Court of Appeals of Wisconsin, 1989)
Park Bank-West v. Mueller
444 N.W.2d 754 (Court of Appeals of Wisconsin, 1989)
Smith v. Capital One Bank (USA), N.A.
845 F.3d 256 (Seventh Circuit, 2016)

Cite This Page — Counsel Stack

Bluebook (online)
Eric L. Bizeau, Counsel Stack Legal Research, https://law.counselstack.com/opinion/eric-l-bizeau-wiwb-2025.