Larry Goldwater, Inc. v. C. B. Snyder National Realty Co.

In the never-ending contest between debtor and creditor where relentless pursuit and ingenious evasion vie for mastery, the annals of the income execution loom large. Among the most vexatious of the problems is the never-ending question of what pigeonhole the salesman’s drawing account against commissions fits in. Is it really wage income or is it a bona fide loan by the employer? In our commercial society this type of arrangement has become increasingly common, with remuneration keyed to results while outlay is geared to daily necessities.

This case involves such a problem. The controversy,…