Orso, who had declared bankruptcy, received a structured tort settlement in a personal injury claim he had

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Orso, who had declared bankruptcy, received a structured tort settlement in a personal injury claim he had pending. The settlement would pay him an annuity each year for 30 years because the claim was the result of an auto accident that left him permanently and severely brain damaged with an IQ of Chapter 35 Bankruptcy 815 about 70. His wife had a pending claim for $48,000 in arrearages on Orso’s

$1,000 per month child support payments. His wife wanted the annuity included in the bankruptcy estate. Would this property have been included in Orso’s bankruptcy estate? [In re Orso, 214 F3d 637 (5th Cir)]

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Anderson's Business Law And The Legal Environment

ISBN: 9780324638189

20th Edition

Authors: David P Twomey, Marianne M Jennings, Ivan Fox

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