Chapter 13 - Surrendering Property - 1st Mortgage
Posted: Tue Jun 15, 2010 7:52 pm
Wholely secured for calculating debt limits under 109 and plan percentage.
On Tue, Jun 15, 2010 at 4:04 PM, brandspellman wrote:
>
>
> Hello all,
>
> I am confusing myself today. Quick question:
>
> Chapter 13. Surrendering property. 1st mortgage. For purposes of
> calculating unsecured debt both for 109(e) purposes and for plan-percentage
> purposes:
>
> Do we list the claim as being wholly secured? Or do we bifurcate the
> secured/unsecured portion of the lien?
>
> Thanks,
>
> Donny Brand
> Brand & Spellman PC
> 3836 E Anaheim St
> Long Beach, CA 90804
> Tel: (562) 438-7500
> Fax: (562) 438-8500
>
>
>
Best Regards,
Christine A. Wilton
Principal Attorney
Greifendorff Law Offices
333 City Boulevard West, 17th Floor
Orange, CA 92686
Office: 800-861-0786
Cell: 562-824-7563
Fax: 714-938-3255
Email: attorneychristine@gmail.com
Web: www.greifenlaw.com
Blog: www.losangelesbankruptcylawmonitor.com
***************************
Confidentiality and Privilege. This e-mail message, including attachments,
is intended solely for review by the intended recipient(s) and may contain
confidential and privileged information. Any unauthorized review, use,
disclosure, or distribution is prohibited. Review by anyone other than the
intended recipient(s) shall not constitute a waiver of any ATTORNEY-CLIENT
PRIVILEGE or ATTORNEY WORK PRODUCT PROTECTION that may apply to this
communication. If you are not the intended recipient, please contact the
sender by return e-mail and destroy all copies of the original message.
Tax Advice Disclosure. Any tax information or written tax advice contained
in this email message, including attachments, is not intended to and cannot
be used by any taxpayer for the purpose of avoiding tax penalties that may
be imposed on the taxpayer. (The foregoing legend has been affixed pursuant
to U.S. Treasury Regulations governing tax practice.)
Wholely secured for calculating debt limits under 109 and plan percentage.
On Tue, Jun 15, 2010 at 4:04 PM, brandspellman <brandspellman@yahoo.com> wrote:
Hello all, I am confusing myself today. Quick question:Chapter 13. Surrendering property. 1st mortgage. For purposes of calculating unsecured debt both for 109(e) purposes and for plan-percentage purposes:
Do we list the claim as being wholly secured? Or do we bifurcate the secured/unsecured portion of the lien?Thanks, Donny BrandBrand & Spellman PC3836 E Anaheim StLong Beach, CA 90804
Tel: (562) 438-7500Fax: (562) 438-8500
-- Best Regards,Christine A. WiltonPrincipal AttorneyGreifendorff Law Offices
333 City Boulevard West, 17th FloorOrange, CA 92686Office: 800-861-0786Cell: 562-824-7563Fax: 714-938-3255Email: attorneychristine@gmail.com
Web: www.greifenlaw.comBlog: www.lo
The post was migrated from Yahoo.