Ch7 Liquidation analysis

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I have an elderly client who holds a 1/3 joint tenancy with her daughter and
son in law. Her 1/3 share of the equity is $41,674.00. FMV 515,000;
mortgage 388,714. Homestead is an easy fix, however she has about $30,000
in nonexempt cash accounts. Without the homestead; my liquidation analysis
uses 5% for cost of sale and I base the trustee compensation on the sale
price minus the debtor's equity. I arrive at a cost of sale plus fees of
about $50,000. This should preclude the trustee from selling my client's
home. Does anyone disagree?
Larry Webb
California Board of Legal Specialization
Certified Specialist in Bankruptcy Law

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