Experience Visit http://www.bklaw.com for more information on bankruptcy in general and Mark J. Markus in particular. Many questions are answered on the web page (hint, hint). The Markus webpage also contains more information on
Education/Credentials J.D., University of Arizona 1990. B.A. Economics, California State University, Northridge 1986. For more details please click here
Question I have paid money to a jewellary shop in NJ under flexible gold option plan which means I will receive gold bars at the lowest price(according to the gold market rate) in 1 year term period starting from the day purchased till I give them a pick update to collect my gold bars. The company kept on postponing the delivery dates and did not deliver my gold bars, but filed for chapter 11. I would like to claim my money, does my claim belong to priority one or unsecured one.
Also which last 4 digits should I provide for any number by which creditor identifies debtor?Can it be debtor's Federal I.D no?
Thanks in advance.
Kiran.
Answer This is a bit tricky because of the nature of the options in determining exactly how much you may be entitled to claim, but it sounds to me like you have a priority claim up to $2,425, and any additional amounts would be general unsecured claim.
As far as what number you use to identify the debtor, that's up to you.
