Supreme Court of the United States November 28, 1995, 94-967 (Field v. Mans)

Justice Souter

delivered the opinion of the Court.

The Bankruptcy Code’s provisions for discharge stop short of certain debts resulting from “false pretenses, a false representation, or actual fraud.” 11 U. S. C. § 523(a)(2)(A). In this case we consider the level of a creditor’s reliance on a fraudulent misrepresentation necessary to place a debt thus beyond release.