UCC lien Means Test
Posted: Wed Oct 27, 2010 3:48 pm
Clients have an incorporated business which has several recorded UCC liens.
One of the UCC filings names one client individually with the corp, the
other filing list only the business entity.
As to secured debt on line 42 of the means test, I'm not finding any reason
not to use the UCC secured debt that names the individual, but can the
individual use the secured Corp debt on his/her means test. Client believes
they signed personal guarantees on the business debt. One client has W2
income, the other runs the business.
Larry Webb
State Bar of California 229344
Central District California
"A Debt Relief Agency"
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
The post was migrated from Yahoo.