In re Dean
Oct 01, 2022OUTCOME: Negotiated $42,000 demand to a $2,000 settlement and release
Mr. Dean had retired and sold his business, but still owed approximately $42,000 on a trucking lease agreement that he had breached as he was closing down his business. Bankruptcy was not a viable opti ... on due to non-exempt personal property that would be liquidated, and his current income did not allow for a repayment/reorganization. I was able to negotiate the $42,000 lease deficiency to a $2,000 settlement for the benefit of my client.
