Posted 10/14/2020 15:01 (#8545819 - in reply to #8545807) Subject: RE: Sell now...defer payment til Jan. Anyone gunshy of this approach?
MN
Um ... not that I know of, here once you sign that Deferred Payment Contract you're an unsecured creditor.
There was a case a few years ago in MN an elevator went belly up, had a bunch of deferred payments that got almost nothing. They had to file against the state bond (like $100k or something) think iirc they got maybe 10% of what they had deferred.
Sell now...defer payment til Jan. Anyone gunshy of this approach?
