life insurance

Life Insurance Policies in Bankruptcy

June 8, 2019December 6, 2011 by Scott Hyder

One common asset many debtors own is some type of life insurance policy. One of my tasks as an Arizona bankruptcy lawyer is to determine whether a debtor’s life insurance policy has a cash surrender value and whether such money will have to be surrendered to the bankruptcy trustee. Recent case law has made this analysis much more complex.

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