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Talent Agent
I have a client who filed a Chapter 7 bankruptcy. She is a talent agent and her company for her bond will not renew her because she filed for bankruptcy.
She has been contacting other bond companies but it seems like they want 100% up fron to bond her and will not take monthly payments. She has contacted the NAACP who has told her that they worked with Magic Johnson when he was starting out for a bond and was able to get monthly payments.
I have contacted one of the bond companies and they will not accept monthly payments.
Has anyone had this situation before and does anyone know a bond company that will take monthly payments? Without this bond, she cannot work as a talent agent.
Thanks,
Nate Berneman
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I have a client who filed a Chapter 7 bankruptcy. She is a talent agent and her company for her bond will not renew her because she filed for bankruptcy.
She has been contacting other bond companies but it seems like they want 100% up fron to bond her and will not take monthly payments. She has contacted the NAACP who has told her that they worked with Magic Johnson when he was starting out for a bond and was able to get monthly payments.
I have contacted one of the bond companies and they will not accept monthly payments.
Has anyone had this situation before and does anyone know a bond company that will take monthly payments? Without this bond, she cannot work as a talent agent.
Thanks,
Nate Berneman
Do you Yahoo!?
Yahoo! Mail - Easier than ever with enhanced search. Learn more.
The post was migrated from Yahoo.
Thanks for the input. I found out that they are not canceling her current policy but will not bond her once her contract with them expires and it is based on her credit worthiness which is checked out each year.
Nate
"David A. Tilem" wrote:
Just a thought, . . . might this be a stay violation as to the existing policy, how about a violation of the ex post facto provision.
David A. Tilem
Certified Bankruptcy Specialist*
Law Offices of David A. Tilem
500 N. Brand Blvd., #460, Glendale, CA 91203
Tel: 818-507-6000 Fax: 818-507-6800
* Personal & small business bankruptcy specialist cert. by State Bar of CA Bd of Legal Specialization.
Business bankruptcy specialist cert. by Amer. Bd. of Certification
Sent: Sunday, September 19, 2004 9:47 PM
To: cdcbaa@yahoogroups.com
Subject: Re: [cdcbaa] Talent Agent
Hasn't anyone had this problem before about the bond company canceling the talent agents bond?
Nate Berneman
Nathan Berneman wrote: Has anyone in the collective filed a Chapter 7 for a Debtor that was a "talent agent" who has their bond company they have (in order to be a talent agent) concel them as being "not credit worthiness"?
Basically, without the bond, the debtor willl be out of work.
Any thoughts on what I can do besides having them find another bond company which will most likely reject them as well.
Thanks,
Nate Berneman
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Thanks for the input. I found out that they are not canceling her current policy but will not bond her once her contract with them expires and it is based on her credit worthiness which is checked out each year.
Nate"David A. Tilem" <DavidTilem@TilemLaw.com> wrote:
Just a thought, . . . might this be a stay violation as to the existing policy, how about a violation of the ex post facto provision.
David A. Tilem
Certified Bankruptcy Specialist*
Law Offices of David A. Tilem
500 N. Brand Blvd., #460, Glendale, CA 91203
Tel: 818-507-6000 Fax: 818-507-6800
* Personal & small business bankruptcy specialist cert. by State Bar of CA Bd of Legal Specialization.
Business bankruptcy specialist cert. by Amer. Bd. of Certification
-----Original Message-----From: Nathan Berneman [mailto:nathanberneman@yahoo.com] Sent: Sunday, September 19, 2004 9:47 PMTo: cdcbaa@yahoogroups.comSubject: Re: [cdcbaa] Talent Agent
Hasn't anyone had this problem before about the bond company canceling the talent agents bond?
Nate Berneman
Nathan Berneman <nathanberneman@yahoo.com> wrote:
Has anyone in the collective filed a Chapter 7 for a Debtor that was a "talent agent" who has their bond company they have (in order to be a talent agent) concel them as being "not credit worthiness"?
Basically, without the bond, the debtor willl be out of work.
Any thoughts on what I can do besides having them find another bond company which will most likely reject them as well.
Thanks,
Nate Berneman
Do you Yahoo!?Yahoo! Mail - 50x more storage than other providers!
__________________________________________________Do You Yahoo!?Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com
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The post was migrated from Yahoo.
Hasn't anyone had this problem before about the bond company canceling the talent agents bond?
Nate Berneman
Nathan Berneman wrote:Has anyone in the collective filed a Chapter 7 for a Debtor that was a "talent agent" who has their bond company they have (in order to be a talent agent) concel them as being "not credit worthiness"?
Basically, without the bond, the debtor willl be out of work.
Any thoughts on what I can do besides having them find another bond company which will most likely reject them as well.
Thanks,
Nate Berneman
Do you Yahoo!?
Yahoo! Mail - 50x more storage than other providers!
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To visit your group on the web, go to:
http://groups.yahoo.com/group/cdcbaa/
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Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
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Hasn't anyone had this problem before about the bond company canceling the talent agents bond?
Nate Berneman
Nathan Berneman <nathanberneman@yahoo.com> wrote:
Has anyone in the collective filed a Chapter 7 for a Debtor that was a "talent agent" who has their bond company they have (in order to be a talent agent) concel them as being "not credit worthiness"?
Basically, without the bond, the debtor willl be out of work.
Any thoughts on what I can do besides having them find another bond company which will most likely reject them as well.
Thanks,
Nate Berneman
Do you Yahoo!?Yahoo! Mail - 50x more storage than other providers! __________________________________________________Do You Yahoo!?Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com
The post was migrated from Yahoo.
Has anyone in the collective filed a Chapter 7 for a Debtor that was a "talent agent" who has their bond company they have (in order to be a talent agent) concel them as being "not credit worthiness"?
Basically, without the bond, the debtor willl be out of work.
Any thoughts on what I can do besides having them find another bond company which will most likely reject them as well.
Thanks,
Nate Berneman
Do you Yahoo!?
Yahoo! Mail - 50x more storage than other providers!
Has anyone in the collective filed a Chapter 7 for a Debtor that was a "talent agent" who has their bond company they have (in order to be a talent agent) concel them as being "not credit worthiness"?
Basically, without the bond, the debtor willl be out of work.
Any thoughts on what I can do besides having them find another bond company which will most likely reject them as well.
Thanks,
Nate Berneman
Do you Yahoo!?
Yahoo! Mail - 50x more storage than other providers!
The post was migrated from Yahoo.