CH11 Qtry fees
Posted: Wed Jul 23, 2014 9:03 pm
You should have your client prepay a quarter. For example, if his
disbursements look like this:
15,250
15,250
15,250
15,250
(quarterly fees are: 650 + 650 + 650 + 650 $2,600)
stagger them by paying say $325 early to get the following distribution:
$15,575
$14,925
$15,575
$14,925
(quarterly fees are: $1,950)
You just saved them $650. You save them more if you were at a different
breakpoint. Can stagger plan payments too if the case is anticipated to
remain open for a while. It doesn't make that much of a difference but when
your client is working an extra job to pay your fees, every bit helps.
Sincerely,
Michael Avanesian
On Wed, Jul 23, 2014 at 9:53 AM, cdcbaa cdcbaamailbox@gmail.com [cdcbaa] wrote:
>
>
> Yes
>
> Dennis McGoldrick, 350 S. Crenshaw Bl., #A207B, Torrance, Ca 90503
> 310-328-1001-voice
> [image: cid:part1.03050307.05030101@bklaw.com]
>
> On Jul 22, 2014, at 4:34 PM, "'Larry Webb' larry@webbklaw.com [cdcbaa]" cdcbaa@yahoogroups.com> wrote:
>
>
>
> Are quarterly fees considered a distribution payment in the monthly
> operating report. Client is very close to a break in the fee schedule and
> the quarterly fee payment could make the difference.
>
>
>
>
>
> Best regards
>
>
>
>
>
> Larry Webb
>
>
>
>
>
> California Board of Legal Specialization
>
> Certified Specialist in Bankruptcy Law
>
>
>
> State Bar of California 229344
>
> Central District California
>
> "A Debt Relief Agency"
>
> Check out my Blog
>
>
>
>
>
> Larry@webbklaw. com
>
> Law Offices of Larry Webb
>
> 484 Mobil Ste 43
>
> Camarillo Ca 93010
>
>
>
> P 805.987.1400
>
> F 805.987.2866
>
> C 805.750.2150
>
>
>
>
>
You should have your client prepay a quarter. For example, if his disbursements look like this:15,250
15,25015,25015,250(quarterly fees are: 650 + 650 + 650 + 650 $2,600)
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