Can this really be done? I just finished the 341 hearing, and it appears that money I had earmarked to cover the arrears to my landlord might be used by the trustee.
I work part time as a Real Estate Sales Agent, for a NY Broker. The two deals went into contract in August and closed in October and November. (I filed 10/04/06.) The trustee is of the opinion that it was money earned prior to the filing; and belongs to the estate. However, the contracts in both cases were written with "if, as, and when" clauses. This means that only if the deals close would the participating brokers be compensated.
Please, someone, let me know what might happen here. The money was intended for bank rent, a lease renewal and reaffirmation to the landlord. Can I now be evicted?