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Trustee going after Insurance Residuals
Yes. There is a residual value to the book of business. Negotiate
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On Feb 7, 2012, at 2:39 PM, Catherine Christiansen wrote:
> Question: Can a Ch 7 Trustee claim residuals are earned and part of the estate when the renewals will not occur if the sales person is not employed by the insurance company? Isn't the Trustee limited to residuals that were actually earned at the filing of the bankruptcy?
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Yes. There is a residual value to the book of business. NegotiateSent from my iPhoneOn Feb 7, 2012, at 2:39 PM, Catherine Christiansen <christiansenlaw@yahoo.com> wrote:
The post was migrated from Yahoo.
Question: Can a Ch 7 Trustee claim residuals are earned and part of the estate when the renewals will not occur if the sales person is not employed by the insurance company? Isn't the Trustee limited to residuals that were actually earned at the filing of the bankruptcy?
Law Office of Catherine Christiansen
The post was migrated from Yahoo.