In re: Anush Arakelyan

CourtUnited States Bankruptcy Court, C.D. California
DecidedMarch 3, 2026
Docket1:25-ap-01065
StatusUnknown

This text of In re: Anush Arakelyan (In re: Anush Arakelyan) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, C.D. California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re: Anush Arakelyan, (Cal. 2026).

Opinion

2 FILED & ENTERED

4 MAR 03 2026

5 CLERK U.S. BANKRUPTCY COURT 6 C B e Y n g t r a a s l p D a i r s i a t r i c D t E o P f U C T a Y li f C or L n E ia RK 7

8 UNITED STATES BANKRUPTCY COURT 9 CENTRAL DISTRICT OF CALIFORNIA 10 SAN FERNANDO VALLEY DIVISION 11

13 In re: Case No.: 1:24-bk-11300-VK

14 Chapter 7 15 ANUSH ARAKELYAN, Adv. No.: 1:25-ap-01065-VK 16 Debtor. MEMORANDUM OF DECISION DENYING 17 _____________________________________ DEBTOR’S MOTION TO SET ASIDE 18 DEFAULT JUDGMENT DAVID GOTTLIEB, 19 Hearing: Plaintiff, Date: February 19, 2026 20 Time: 2:00 p.m. Place: Courtroom 301 21 vs. 21041 Burbank Blvd. Woodland Hills, CA 91367 22 ANUSH ARAKELYAN,

23 Defendant. 24 25 26 27

28 1 On October 6, 2025, David. K. Gottlieb, in his capacity as the chapter 7 trustee in the 2 above-captioned bankruptcy case, filed a complaint against the debtor Anush Arakelyan 3 ("Debtor") seeking to deny her chapter 7 bankruptcy discharge pursuant to 11 U.S.C. § 4 727(a)(2)(B) and (a)(4)(A) (the "Complaint"). 5 6 On November 10, 2025, Mr. Gottlieb filed a "Request for Entry of Default" ("Default 7 Request") [doc. 5]. On November 12, 2025, the court clerk entered default against Debtor [doc. 8 8]. 9 On January 28, 2026, Debtor filed a motion to set aside the default (the “Motion”) [doc. 10 20]. For the reasons discussed below, the Court will deny the Motion. 11 12 I. BACKGROUND 13 A. Debtor’s Bankruptcy Schedules and Statement of Financial Affairs 14 On August 7, 2024, Debtor filed a chapter 11 petition, initiating bankruptcy case no. 24- 15 bk-11300 (the "Bankruptcy Case"). In her petition, Debtor stated that she lives at 5235 ½ Ben 16 Avenue, Valley Village, CA 91607 and that her mailing address is 12400 Ventura Blvd. #749, 17 18 Studio City, CA 91604.1 When Debtor filed her petition until January 14, 2025, Debtor was 19 represented by bankruptcy counsel, Thomas B. Ure.2 20 In Debtor’s schedule A/B, filed in August 2024, and in her amended schedule A/B, filed 21 in September 2024, Debtor represented that she holds a fee simple interest in the following 22 23 properties: (1) a single-family residence located at 8008 Wilkinson Avenue, North Hollywood, 24 CA 91605, for which Debtor provided a value of $1 million ("Wilkinson Avenue Property"); and 25 26 1 12400 Ventura Boulevard, Studio City, CA 91604 is the address of a mailbox center. Debtor never has filed a 27 notice for a change in her mailing address with the Court.

28 2 On January 14, 2025, the Court entered an order granting Mr. Ure’s motion to withdraw as counsel to Debtor [doc. 91 in Bankruptcy Case]. 1 (2) a four-unit apartment building located at 5233-5235 Ben Avenue, Valley Village, CA 91607, 2 for which Debtor provided a value of $1,830,000 ("Ben Avenue Property") [docs. 1 and 30 in 3 Bankruptcy Case]. In her schedule A/B and amended schedule A/B, Debtor further represented 4 that she is the only person who holds a fee simple interest in each of these properties.3 5 6 In Debtor’s schedule I and the attachment to that schedule, Debtor states that she receives 7 $4,500.00 in rental income from the Wilkinson Avenue Property and "all utilities and 8 maintenance [are] paid by tenant." [doc. 1 in Bankruptcy Case]. As to the Ben Avenue Property, 9 Debtor states that she receives $5,500.00 in rental income, in the aggregate, from 3 units. Id. 10 With her original schedules, Debtor filed a "Declaration About an Individual Debtor’s 11 12 Schedules," which Debtor signed. In that declaration, Debtor states that she has read the 13 summary and schedules filed with the declaration and that they are true and correct [doc. 1 in 14 Bankruptcy Case]. 15 In her statement of financial affairs, filed on August 7, 2024, Debtor states that she is 16 married and has lived in the same place for the last 3 years [doc. 1 in Bankruptcy Case]. In her 17 18 amended statement of financial affairs, filed on September 19, 2024, Debtor sets forth the rental 19 income which Debtor has received from the Wilkinson Avenue Property from January 1, 2022 20 until the date she filed for bankruptcy [doc. 36 in Bankruptcy Case]. 21 B. Debtor’s Additional Representations Made under Oath in August and 22 September 2024 23 1. Debtor’s Chapter 11 Case Status Report 24 On August 27, 2024, the Court entered an Order setting a chapter 11 case status 25 26 conference [doc. 20 in Bankruptcy Case]. On September 17, 2024, Debtor filed a Status Report 27 28 3 In her schedule C, Debtor claimed a homestead exemption for the Ben Avenue Property in the amount of $699,421.00 [doc. 1 in Bankruptcy Case]. 1 and Debtor’s declaration in support of the Status Report (the "DIP Declaration") [doc. 29 in 2 Bankruptcy Case]. The Status Report states: 3 Debtor Anush Arakelyan is married. Debtor and her spouse are both retired. Debtor 4 and her husband’s primary source of income is from rental income and Debtor’s social security income. Debtor’s spouse plans to also apply for social security. 5

6 Debtor is the owner of two pieces of real property.

7 The first property is a 4 unit residential building located at 5233 Ben Avenue, Valley Village, CA 91607. Debtor and her spouse live in one unit and the other 8 three units are rented for a combined monthly total rental income of $5,500.00. 9 Debtor believes the value of the Property is approximately $1,830,000.00. Debtor has a 1st Trust Deed with an approximate balance of $925,700.00. 10 The second property is a Single Family Residence located at 8008 Wilkinson Ave., 11 North Hollywood, CA 91605. The property is occupied by Debtor’s brother and he 12 pays $4,500.00 per month in rent and he also pays for all the utilities and maintenance for the property. Debtor believes the value of the property is 13 $1,000,000.00. Debtor has a 1st Trust Deed with an approximate balance of $56,000.00 and a 2nd Trust Deed with an approximate balance of $240,000.00. 14

15 Status Report, p. 1 (emphases added) [doc. 29 in Bankruptcy Case]. 16 In the DIP Declaration, Debtor states the following: 17 I, Anush Araklyan [sic], declare: 18 I know the following facts to be true from my own personal knowledge, except 19 those facts which are stated on information and belief and as to those facts I believe 20 them to be true. I could and would competently testify under oath to the truthfulness of the following facts: 21 1. I am the Debtor in this pending case. As such, I have personal knowledge of the 22 facts stated herein, and if call upon to testify thereto, I could and would do so 23 competently and truthfully.

24 [. . .]

25 3. I have read the foregoing Status Report and the same is true and correct to the 26 best of my knowledge.

27 [. . .]

28 1 5. Attached hereto, marked Exhibit B, is a projection of my income and expenses for the first six months of my case. 2 3 I declare under penalty of perjury under the laws of the United States of America that the foregoing is true and complete to the best of my knowledge. Executed in 4 Los Angeles, on this 17th day of September, 2024.

5 DIP Declaration [doc. 29]. 6 2. Debtor’s Cash Collateral Motion 7 On September 19, 2024, Debtor filed a motion to use cash collateral and her declaration 8 9 in support of that motion [doc. 34 in Bankruptcy Case]. Debtor signed that declaration. Id. In that 10 motion, Debtor requests Court authority to use rents generated from the Wilkinson Avenue 11 Property to pay her expenses during the Bankruptcy Case. Debtor estimates that the value of the 12 Wilkinson Avenue Property is $936,300 and that the property generates $4,500 in income each 13 month. Id. 14 15 In her declaration filed in support of the cash collateral motion, Debtor states: 16 I, Anush Arakelyan, declare:

17 1. I am the Debtor in this bankruptcy case. 18 2.

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In re: Anush Arakelyan, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-anush-arakelyan-cacb-2026.