.jpg)
Insurance renewals
And does not sound like property of the estate.Ultimately, the main question about property is how much can the trustee sell it for? Here, nothing. That doesn't make it "not property;" the fact that the debtor has no possessory interest in the income before it gets to him is what makes it nonproperty.- John D. Faucher818/889-8080
On Sunday, February 14, 2016 11:49 AM, "Kirk Brennan kirkinhermosa@gmail.com [cdcbaa]" wrote:
Sounds like income.On Feb 14, 2016 1:39 AM, "Holly Roark hollyroark22@gmail.com [cdcbaa]" wrote:
If an insurance agent gets paid from insurance renewals, but the clients are not his - he works as an independent contractor for a broker who pays him 75% of the renewals, are the renewals property of the estate?unts. How would I value these renewals in a chapter 7 since it's not actually his book? If he quit he wouldn't be entitled to anything but his last paycheck.
Holly RoarkCertified Bankruptcy Specialist*
and Sports Lawyer
holly@roarklawoffices.com**primary email address**www.roarklawoffices.comCentral District of California & District of Idaho - Consumer Bankruptcy Attorney1875 Century Park East, Suite 600 Los Angeles, CA 90067T (310) 553-2600; F (310) 553-2601*By State Bar of California Board of LegalSpecialization
The post was migrated from Yahoo.
Sounds like income.
On Feb 14, 2016 1:39 AM, "Holly Roark hollyroark22@gmail.com [cdcbaa]" wrote:
>
>
> If an insurance agent gets paid from insurance renewals, but the clients
> are not his - he works as an independent contractor for a broker who pays
> him 75% of the renewals, are the renewals property of the estate? It's not
> HIS book of business, but his boss'. He just services the accounts. How
> would I value these renewals in a chapter 7 since it's not actually his
> book? If he quit he wouldn't be entitled to anything but his last paycheck.
>
>
>
>
> Holly Roark
> Certified Bankruptcy Specialist*
> *and Sports Lawyer*
> holly@roarklawoffices.com **primary email address**
> www.roarklawoffices.com
> *Central District of California & District of Idaho* - Consumer
> Bankruptcy Attorney
> 1875 Century Park East, Suite 600 Los Angeles, CA 90067
> T (310) 553-2600; F (310) 553-2601
>
> *By State Bar of California Board of Legal Specialization
>
>
>
>
Sounds like income.
On Feb 14, 2016 1:39 AM, "Holly Roark hollyroark22@gmail.com [cdcbaa]" <cdcbaa@yahoogroups.com> wrote:
If an insurance agent gets paid from insurance
renewals, but the clients are not his - he works as an independent
contractor for a broker who pays him 75% of the renewals, are the
renewals property of the estate? It's not HIS book of business, but his
boss'. He just services the accounts. How would I value these renewals in a chapter 7 since it's not actually his book? If he quit he wouldn't be entitled to anything but his last paycheck.Holly RoarkCertified Bankruptcy Specialist*and Sports Lawyer
holly@roarklawoffices.com**primary email address**
www.roarklawoffices.com
Central District of California & District of Idaho - Consumer Bankruptcy Attorney
1875 Century Park East, Suite 600 Los Angeles, CA 90067T (310) 553-2600; F (310) 553-2601
The post was migrated from Yahoo.
If an insurance agent gets paid from insurance renewals, but the clients
are not his - he works as an independent contractor for a broker who pays
him 75% of the renewals, are the renewals property of the estate? It's not
HIS book of business, but his boss'. He just services the accounts. How
would I value these renewals in a chapter 7 since it's not actually his
book? If he quit he wouldn't be entitled to anything but his last paycheck.
Holly Roark
Certified Bankruptcy Specialist*
*and Sports Lawyer*
holly@roarklawoffices.com **primary email address**
www.roarklawoffices.com
*Central District of California & District of Idaho* - Consumer Bankruptcy
Attorney
1875 Century Park East, Suite 600 Los Angeles, CA 90067
T (310) 553-2600; F (310) 553-2601
*By State Bar of California Board of Legal Specialization
If an insurance agent gets paid from insurance
renewals, but the clients are not his - he works as an independent
contractor for a broker who pays him 75% of the renewals, are the
renewals property of the estate? It's not HIS book of business, but his
boss'. He just services the accounts. How would I value these renewals in a chapter 7 since it's not actually his book? If he quit he wouldn't be entitled to anything but his last paycheck.Holly RoarkCertified Bankruptcy Specialist*and Sports Lawyer
holly@roarklawoffices.com**primary email address**
www.roarklawoffices.com
Central District of California & District of Idaho - Consumer Bankruptcy Attorney
1875 Century Park East, Suite 600 Los Angeles, CA 90067T (310) 553-2600; F (310) 553-2601
The post was migrated from Yahoo.