Court of Appeals for the Seventh Circuit March 21, 2002, 01-3007 (Union Planters Bank, N.A. v. John T. Connors and Mary L. Connors)

FLAUM, Chief Judge.

John and Mary Connors filed for bankruptcy under Chapter 7 of the U.S. Bankruptcy Code listing aggregate debts of

*898

over $19 million — more than $12 million of which they owed to Union Planters Bank (“UPB”). On October 5, 2000, the bankruptcy court granted UPB’s objection to discharge, holding that the debtors failed to keep adequate records as required by 11 U.S.C.