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Need help on math here and 522(f)
Costs of sale are not contemplatedunder 522(f).Peter M. Lively, J.D., M.B.A.
Law Office of Peter M. Lively * Personal Financial Law Center I
11268 Washington Boulevard, Suite 203, Culver City, California 90230-4647
Telephone: (310) 391-2400* Toll Free: (800) 307-3328 * Fax: (310) 391-2462
On Tuesday, May 19, 2015 10:03 AM, "Holly Roark hollyroark22@gmail.com [cdcbaa]" wrote:
I did read 522(f). I didn't see anything about figuring cost of sale but I thought I'd put this to the group.In a chapter 11 where there WILL BEasale of debtor's primary residence, and a purchase and sale agreement has been executed, and the salewill besubject to overbid, (and not just a hypothetical sale),when looking to potentially avoid a judgment lien in whole or in part,do I figure cost of sale before the debtor's homestead?
Holly RoarkCertified Bankruptcy Specialist*
and Sports Lawyer
holly@roarklawoffices.com**primary email address**www.roarklawoffices.comCentral District of California - Consumer Bankruptcy Attorney1875 Century Park East, Suite 600 Los Angeles, CA 90067T (310) 553-2600; F (310) 553-2601*By State Bar of California Board of LegalSpecialization**Counsel for Chapter 13 Trustee Kathleen A. McCallister (Idaho) T (208) 922-5100
The post was migrated from Yahoo.
I did read 522(f). I didn't see anything about figuring cost of sale but I
thought I'd put this to the group. In a chapter 11 where there WILL
BE a sale of debtor's primary residence, and a purchase and sale agreement
has been executed, and the sale will be subject to overbid, (and not just a
hypothetical sale), when looking to potentially avoid a judgment lien in
whole or in part, do I figure cost of sale before the debtor's homestead?
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
**Counsel for Chapter 13 Trustee Kathleen A. McCallister (Idaho) T (208)
922-5100
I did read 522(f). I didn't see anything about figuring cost of sale but I thought I'd put this to the group.In a chapter 11 where there WILL BEasale of debtor's primary residence, and a purchase and sale agreement has been executed, and the salewill besubject to overbid, (and not just a hypothetical sale),when looking to potentially avoid a judgment lien in whole or in part,do I figure cost of sale before the debtor's homestead?-- Holly RoarkCertified 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
The post was migrated from Yahoo.