# Unredeemed packages

A term used when buying med spa.

Treatments already paid for and not yet delivered, which the law often does not secure.

Prepaid treatment plans are the trade's cash engine and usually its largest unsecured liability. Washington's health studio statute reaches services that improve condition or appearance through exercise, weight loss or figure development, then carves out services delivered under a professional license, which is exactly what a med spa sells. So the money sits unsecured: no trust, no bond, no registration, no successor rule. The same chapter shows what protection would look like if it applied. A covered studio must hold pre-opening money in trust or post a bond of a hundred and fifty thousand dollars, and the buyer's claim on that money outranks a trustee in bankruptcy. Count the unredeemed hours and price them as a delivery obligation, because nobody else is holding that money for you.

Part of: Buying a Med Spa (https://searchspheresource.com/guides/buying-a-med-spa)

Source: https://searchspheresource.com/guides/buying-a-med-spa/terms/unredeemed-packages
Not dated: The same editorial definitions as the glossary, inside a trade.

Site index for machines: https://searchspheresource.com/llms.txt