Need case saying that relevant date for value of real
Hi Holly,
Valuation for liquidation analysis is as of the effective date of the Plan.
The closer to the effective date, the better. See 1325(a)(4): "(4) the
value, as of the effective date of the plan,..."
Sincerely,
*Michael Avanesian, Esq. *AVANESIAN LAW FIRM
101 N. Brand Blvd., PH 1920
Glendale, California 91203
Tel: 818.276.2477 Fax: 818.208.4550
On Tue, Jan 27, 2015 at 5:06 AM, Holly Roark hollyroark22@gmail.com
[cdcbaa] wrote:
>
>
> I have a converted case where we got an appraisal around the time of
> conversion to Chapter 13. Creditor is disputing liquidation analysis and
> has a competing appraisal of a much later date. Before I go spending 10
> hours I don't have to research this, does anyone have case law that says
> the relevant valuation of the real property is on the date of conversion of
> the case and not some random time later?
>
> Thank you.
>
> Holly Roark
> Certified Bankruptcy Specialist*
> *and Sports Lawyer*
> holly@roarklawoffices.com **primary email address**
> www.roarklawoffices.com
> Central District of California
> Consumer Bankruptcy Attorney
> 1875 Century Park East, Suite 600
> Los Angeles, CA 90067
> T (310) 553-2600
> F (310) 553-2601
>
> *By State Bar of California Board of Legal Specialization
>
>
> **For a quicker response, email me at holly@roarklawoffices.com.
> I only use gmail for my listservs, and am likely to miss private emails
> directed to my gmail account.**
>
>
>
>
Hi Holly,Valuation for liquidation analysis is as of the effective date of the Plan. The closer to the effective date, the better. See 1325(a)(4): "(4) the value, as of the effective date of the plan,..."
*By State Bar of California Board of Legal
Specialization
The post was migrated from Yahoo.