In re Alexander (03-31759)
The debtor's chicken farm was destroyed by arson. The insurance company denied the debtor's claim because the debtor failed to provide information and cooperate. The insurance company agreed to pay the mortgagee under a "standard mortgage clause". The Court held that the debtor had no interest in the insurance proceeds paid to the mortgagee.
File:
Date:
Thursday, July 21, 2005