Bankruptcy Questions : What Is an Executory Contract & Breach?

785 views · Published 10 November 2008 · 1:12 · Indexed 20 September 2026

Channel: ehow · 2008 · Howto & Style

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An executory contract is a contract between the debtor, the person or entity that filed bankruptcy and the third party where some performance is still outstanding due to oweing a lease on equipment that requires future payments. Learn the benefits of an executory contract and the complications of breeching that agreement with information from a lawyer in this free video on bankruptcy.

Expert: Andy Forman 
Bio: Andy Forman, Attorney at Law, has been in bankruptcy representation for over two decades and has lead council in over 3,000 bankruptcy cases.
Filmmaker: Christopher Rokosz

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