[ii] But exactly where does this leave These with promises towards the debtor for pre-petition acts or omissions that are covered under liability insurance insurance policies? In case the debtor was insured with the claims in question, would proceeds from Individuals policies be considered estate assets for being divvied up between other creditors?
A Review Of Richmond Bankruptcy Attorney
Bankruptcy can be a legal procedure that allows individuals or corporations to seek aid from their debts when They are really not able to repay them. This is a way for debtors to gain a contemporary commence and possess their debts both discharged or restructured.Insurance brokers tend to be the experts in the field of insurance, and they are able