VAN GRAAFEILAND, Circuit Judge:
On March 1, 1974, Robert Sherman became a general agent selling life insurance on commission for appellant, Knights of Columbus. The agency contract was terminated in June 1976, and in March 1977 Sherman filed a petition in bankruptcy. In his bankruptcy schedules, he listed a $22,494.40 indebtedness to appellant for advances made against commissions. The question on this appeal is whether, Sherman's bankruptcy notwithstanding, appellant...
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