Need case saying that relevant date for value of real
Posted: Tue Jan 27, 2015 8:29 am
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.