[CLBS] here's a fun question for the bk geeks

[Jeff Wilson]

Good evening--do you know what the payoff is on the lease?

Jeffrey M. Wilson

> On Aug 30, 2017, at 6:08 PM, Aaron Tolson <ajt at aaronjtolsonlaw.com> wrote:
> 
> Debtor trades in a free and clear truck before bk.  The dealer then gives
> credit for 25k on a new leased vehicle, reducing the lease payments over a
> period of 48 months.  Debtor files chap 7 bk 6 months into the lease.  Can
> trustee avoid this transfer, or assume the lease and sell the car to get
> the non exempt equity back out?  Or did debtor just prepay on their lease
> and it's just all to bad for the poor unfortunate trustee?
> 
> -- 
> Aaron J. Tolson
> 2677 E. 17th St. #300
> Ammon, ID. 83406
> 208-228-5221
> 
> This a privileged communication.  Please advise if you received it in error.
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