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Trustee can’t sell auto policy back to insurance carrier

Bankruptcy judge refuses to approve settlement

A U.S. Bankruptcy Court judge in Massachusetts has ruled that a Chapter 7 trustee could not sell the debtor’s automobile policy back to his insurance carrier to settle a dispute over the validity of a pre-petition waiver of coverage of an accident giving rise to personal injury claims by a third party. The debtor, David DeVeau, ...

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