C. A single handwriting may contain more than one contract for acceptance-refusal of p. 365. In re Plum Run Serv. Corp., 159 B.R. 496, 498 (Bankr. S.D. Ohio 1993); In re Village Rathskeller, 147 B.R. 665, 671 (Bankr. S.D.N.Y. 1992) (any provision of an accepted agreement is not enforceable against the debtor). State law determines whether the contract is divisible for acceptance and rejection. In re Downtown Props., Inc., 162 B.R.
244, 247 (Bankr. W.D. Mo. 1993); Plum Run Serv. Corp., 159 b.R. to 498-99; In re Independent Am. Real Estate, Inc., 146 B.R. 546, 550-52 (Bankr.
N.D. Tex. The question of whether there was a separate and different consideration and benefit for each «contract» determines whether a part of a single contract can be separated and applicable. In re Leslie Fay Co., Inc., 168 B.R. 294, 301 n.7 (Bankr. S.D.N.Y. 1994). F. Effect of the debtor`s failure to act. An enforcement contract that is not accepted or refused during bankruptcy is not affected by the declaration of insolvency, is transferred to the reorganized debtor and is mandatory. In re Polysat, Inc., 152 B.R. 886, 890 (Bankr.
E.D. Pa. 1993); International Union v. Miles Mach. Co., 34 B.R. 683, 687 (E.D. Mich. 1982) (Collective Agreement ignored in the event of bankruptcy, survives confirmation and hires debtor); Matter of Central Watch, Inc., 22 B.R.
561, 565 (Bankr. E.D. Wis. 1982). Anything that can be executed; as an executor or judgment, as a performance contract. Tom watched a TV he wants to buy. After some reflection, he decides to lend it instead of buying it. He goes to the store and signs a lease that says he will pay $100 a month until he has paid the purchase price.
The contract is only executed when it makes the last payment. Each contracting party may violate this treaty by failing to meet its obligations under the agreement. If, for example, Jim enters into a performance contract for the rental of a car and is unable to make the necessary monthly payments, he has breached the contract. As a result, the car can retrieve the car and sue Jim in civil court for un recovered payment. In most cases, enforcement contracts are entered into between a party and a debtor or borrower. Some agreements are more complex than others. There are several types of execution contracts, such as. B The following: if a person participating in a contract of execution files a bankruptcy, he is not automatically exempted from his benefits in accordance with the terms of the contract. Options include (1) confirming in writing that he intends to continue to comply with the terms of the contract or (2) the refusal of the contract in the context of bankruptcy.
If, for example, Jim wants to keep his rented car, he can confirm the lease, keep the car and continue the rental payments as agreed.