University First Federal Credit Union v. Cornwall

CourtUnited States Bankruptcy Court, D. Utah
DecidedOctober 7, 2020
Docket20-02025
StatusUnknown

This text of University First Federal Credit Union v. Cornwall (University First Federal Credit Union v. Cornwall) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, D. Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
University First Federal Credit Union v. Cornwall, (Utah 2020).

Opinion

This order is SIGNED. Eee □□ (ea □□ Dated: October 7, 2020 Ht ce ee: OIE” fw. J LS □□ WILLIAM T. THURMAN SCN eS U.S. Bankruptcy Judge

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF UTAH

In re: Bankruptcy Case No. 19-29236 KYLEE CORNWALL, Chapter 7 Judge William T. Thurman

Debtor. UNIVERSITY FIRST FEDERAL CREDIT UNION and GRANITE FEDERAL CREDIT UNION, Plaintiff: aintlls, Adversary Proceeding No. 20-02025 v. KYLEE CORNWALL, Defendant. MEMORANDUM DECISION AND ORDER GRANTING PLAINTIFFS’ MOTION FOR DEFAULT JUDGMENT

This matter is before the Court by way of Plaintiffs University Federal Credit Union and Granite Federal Credit Union’s Motion for Default Judgment. The Court held a telephonic hearing on the Motion on September 23, 2020. At the hearing, Plaintiffs were represented by Dean A. Stuart, and neither Defendant nor her counsel made an appearance. The Court made findings on

the record and granted Plaintiffs’ motion for default judgment. On September 25, 2020, the Court entered the order granting Plaintiffs’ motion. In that order, the Court reserved the right to memorialize its September 23, 2020 ruling in a formal memorandum. Accordingly, the Court now memorializes that ruling through this Memorandum Decision and Order.

BACKGROUND On March 30, 2020, Plaintiffs filed their complaint in this adversary proceeding. The allegations giving rise to Plaintiffs’ complaint are as follows: Plaintiffs are federal credit unions that conduct business in the State of Utah. Prior to filing for Chapter 7 bankruptcy, Defendant entered into loans with each of the Plaintiffs. On November 15, 2016, Defendant entered into a loan agreement with University First Federal Credit Union (“University”) for an amount of $25,619.05, which was secured by a 2017 CAN-AM Maverick Max. The 2017 CAN-AM was purportedly purchased by Defendant from Extreme Motorsports. On December 6, 2017, Defendant entered into a loan agreement with Granite Federal Credit Union (“Granite”) for an amount of $13,300.00, which was secured by a 2018 X3 Max XRS CAN-AM. The 2018 CAN-

AM was also purportedly purchased by Defendant from Extreme Motorsports. Under both loan agreements, the proceeds were sent to Extreme Motorsports. Under state law, the certificate of title for vehicles is required to be delivered by the dealer within 45 days of the date of purchase. This did not occur in this case. According to the Plaintiffs, they contacted Extreme Motorsports, but they were unable to obtain the certificates of title. To this date, Plaintiffs have been unable to obtain the certificates of title for or possession of the CAN- AMs. Plaintiffs later learned that the owners of Extreme Motorsports are close relatives of Defendant. In addition, Plaintiffs learned that Defendant offered the 2018 CAN-AM as collateral

2 for a loan from America First Credit Union (“America First”). America First did not obtain the certificate of title either. Plaintiffs allege that Defendant neither purchased the CAN-AMs for her own use nor intended on having them for her personal use. Rather, they contend that she may have used them

as rentals for Extreme Motorsports and another associated company. Plaintiffs further contend that Defendant knew that Plaintiffs would never receive the certificates of title. Had Plaintiffs known that Defendant did not intend to purchase the CAN-AMs for her own use and that she did not intend to provide them with the certificates of title, they would not have approved the loans. Accordingly, Plaintiffs assert two causes of action in their complaint. First, they contend that Defendant obtained the loans using false pretenses, false representations, and/or actual fraud by making the aforementioned misrepresentations in violation of 11 U.S.C. § 523(a)(2)(A). Consequently, they seek a determination that Defendant’s obligations to Plaintiffs under the loans are nondischargeable. Second, Plaintiffs seek a judgment in favor of University for the debt owed in the amount of $23,816.54, plus interest at the contract rate of 6.24%. Additionally, Plaintiffs

request an award of attorney’s fees that they have incurred by pursuing this action. Despite having been properly served, Defendant has failed to file an answer or otherwise defend in this action, and the time for doing so has since passed. JURISDICION, VENUE, AND NOTICE The Court finds that the jurisdiction of this Court is properly invoked under 28 U.S.C. § 1334. This is a core proceeding within the meaning of 28 U.S.C. § 157(b)(2), and this Court may enter a final order. Venue is proper under the provisions of 28 U.S.C. § 1408. Notice of this motion and hearing is found to be proper in all respects.

3 DISCUSSION Federal Rule of Civil Procedure 55 applies to adversary proceedings in bankruptcy cases through Federal Rule of Bankruptcy Procedure 7055. Fed. R. Bankr. P. 7055. Rule 55 provides: “When a party against whom a judgment for affirmative relief is sought has failed to plead or

otherwise defend, and that failure is shown by affidavit or otherwise, the clerk must enter the party’s default.” Fed. R. Civ. P. 55(a). After the clerk has entered a default certificate against the party that failed to appear or defend, the moving party must apply to the court for a default judgment. Fed. R. Civ. P. 55(b)(2). In this case, the clerk entered Defendant’s default certificate on September 23, 2020. Plaintiffs now request that the Court enter a default judgment against Defendant. “Default judgments are not favored by the courts.” In re Pearson, No. ADV 14-2020, 2014 WL 3051211, at *1 (Bankr. D. Utah July 3, 2014). Nevertheless, the Tenth Circuit has opined that “a workable system of justice requires that litigants not be free to appear at their pleasure.” In re Rains, 946 F.2d 731, 733 (10th Cir. 1991). Moreover, default judgments “must normally be

viewed as available only when the adversary process has been halted because of an essentially unresponsive party.” Id. Importantly, Federal Rule of Bankruptcy Procedure 7012(a) requires that, if a complaint is duly served, the defendant must serve an answer within 30 days after the summons is issued. Fed. R. Bankr. P. 7012(a). If the defendant fails to serve an answer, the allegations contained within the complaint are deemed admitted. See In re Pearson, 2014 WL 3051211, at *1. In this case, Plaintiffs have duly served the summons and the complaint on Defendant and her attorney of record, and Defendant has failed to answer. Consequently, Plaintiffs’ well-pleaded allegations in the complaint are deemed admitted.

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