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Value of Herbalife Business
I have a potential client who has been an Herbalife distributor for some
time and is already entitled to receive almost $45,000 per month. Has
anyone out there had experience with Herbalife and whether the Chapter 7
Trustee would try to monetize the Herbalife membership or distributorship
such as by selling it, etc. I have handled cases with State Farm debtors
and the Chapter 7 trustees haven't been able to do anything with their
State Farm business because it is not transferrable. Any anecdotal or
other experience that any of you could share would be helpful.
Giovanni Orantes, Esq.*
Orantes Law Firm, P.C.
3435 Wilshire Blvd. Suite 2920
Los Angeles, CA 90010
Tel: (213) 389-4362
Fax: (877) 789-5776
e-mail: go@gobklaw.com
website: www.gobklaw.com
*Board Certified - Business Bankruptcy Law - American Board of Certification
*Board Certified - Consumer Bankruptcy Law - American Board of Certification
Commercial Litigation
Estate Planning
Outside General Counsel
I have a potential client who has been an Herbalife distributor for some time and is already entitled to receive almost $45,000 per month. Has anyone out there had experience with Herbalife and whether the Chapter 7 Trustee would try to monetize the Herbalife membership or distributorship such as by selling it, etc. I have handled cases with State Farm debtors and the Chapter 7 trustees haven't been able to do anything with their State Farm business because it is not transferrable.be helpful.-- Giovanni Orantes, Esq.*Orantes Law Firm, P.C.3435 Wilshire Blvd. Suite 2920Los Angeles, CA 90010Tel: (213) 389-4362Fax: (877) 789-5776e-mail: go@gobklaw.comwebsite: www.gobklaw.com*Board Certified - Business Bankruptcy Law - American Board of Certification*Board Certified - Consumer Bankruptcy Law - American Board of CertificationCommercial LitigationEstate PlanningOutside General Counsel
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