IN RE: PETER BOURSALIAN Debtor FIA CARD SERVICES, INC. Plaintiff v. PETER BOURSALIAN Defendant.

Case No. 08-11563 RG, Adversary Proceeding #: 08-00345.United States Bankruptcy Court, D. Maryland, (Baltimore Division).
July 23, 2008

STIPULATION OF SETTLEMENT AND ORDER
ROBERT GORDON, Bankruptcy Judge

The Plaintiff and defendant, by counsel, stipulate and agree as follows:

1. Plaintiff has filed a complaint to determine debtor’s debt to plaintiff, plus attorney’s fees and costs, as nondischargable.

2. The parties have agreed to a settlement of this matter, conditioned upon the defendant Peter Boursalian, paying the sum of $5,442.91, payable at the rate of $100.00 per

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month by the end of July, 2008 and $100.00 per month by the end of each month thereafter until paid. The payments will be sent to FIA Card Services, Attn: Mr. BK, 1000 Samoset Drive, DE5-023-03-03, Newark, DE 19713, or such other address specified by Plaintiff, with the account number of 4888940056399344 on the payment.

3. The debt of defendant to plaintiff in the amount of $5,442.91, plus interest from date of filing of the petition, attorney’s fees of $550.00 and court costs of $250.00, will be determined to be nondischargable. If defendant pays the $5,442.91 per the terms of paragraph two as agreed, Plaintiff will accept this amount as full settlement.

4. In the event of default in making the payments in paragraph 2 above, in addition to the remaining balance of the $5,442.91, defendant will also be liable to plaintiff for attorney’s fees of $550.00 and costs of $250.00, plus interest.

SO ORDERED

Richard D. London, Attorney for Plaintiff.

Michelle L. Payer, Attorney for Defendant.