calculating 109(e) limits
As to no. 2, I believe that is counted toward the unsecured debt limit, at
least by EC if not by all.
Holly Roark
holly@roarklawoffices.com
On Sat, Nov 20, 2010 at 11:56 AM, Mark J. Markus wrote:
>
>
>
> Having Saturday brain fog and need to be sure of the following:
>
> Which, if either, of the following gets included as a noncontingent,
> liquidated, UNSECURED debt for determining the limits for a Chapter
> 13 to be filed before the end of this year:
>
> 1. Debtor cosigned on a loan for daughter, on which payments are
> current.
>
> 2. Debtor owns and is on the mortgages for real property where the
> second mortgage is completely under water, but debtor is NOT seeking
> to strip the lien.
>
> 3. Debtor will likely owe taxes for 2010, but doesn't know the
> amounts yet, and return obviously not due to be filed until next April.
>
> Thanks,
> Mark
>
> *************************
> Mark J. Markus
> Law Office of Mark J. Markus
> 11684 Ventura Blvd. PMB #403
> Studio City, CA 91604-2652
> (818)509-1173 (818)509-1460 (fax)
> web: http://www.bklaw.com/
> This Firm is a Qualified Federal Debt Relief Agency (see what this
> means at
> http://bklaw.com/bankruptcy-blog/2008/0 ... efinition/)
> ________________________________________________
> NOTICE: This Electronic Message contains information from the law
> office of Mark J. Markus that may be privileged. The information is
> intended for the use of the addressee only. If you are not the
> addressee, note that any disclosure, copy, distribution or use of
> the contents of this message is prohibited.
> IRS CIRCULAR 230 NOTICE: To ensure compliance with requirements
> imposed by the IRS, we inform you that any U.S. tax advice contained
> in this communication (or in any attachment) is not intended or
> written to be used, and cannot be used, for the purpose of (i)
> avoiding penalties under the Internal Revenue Code or (ii)
> promoting, marketing or recommending to another party any
> transaction or matter addressed in this communication.
>
>
>
Holly Roark
holly@roarklawoffices.com
www.roarklawoffices.com
Central District of California
Consumer Bankruptcy Attorney
As to no. 2, I believe that is counted toward the unsecured debt limit, at least by EC if not by all.
Holly Roark
holly@roarklawoffices.com
On Sat, Nov 20, 2010 at 11:56 AM, Mark J. Markus <bklawr@yahoo.com> wrote:
Having Saturday brain fog and need to be sure of the following:Which, if either, of the following gets included as a noncontingent, liquidated, UNSECURED debt for determining the limits for a Chapter
13 to be filed before the end of this year:1. Debtor cosigned on a loan for daughter, on which payments are current.2. Debtor owns and is on the mortgages for real property where the second mortgage is completely under water, but debtor is NOT seeking
to strip the lien.3. Debtor will likely owe taxes for 2010, but doesn't know the amounts yet, and return obviously not due to be filed until next April.Thanks,Mark*************************
Mark J. MarkusLaw Office of Mark J. Markus11684 Ventura Blvd. PMB #403Studio City, CA 91604-2652(818)509-1173 (818)509-1460 (fax)web: http://www.bklaw.com/
This Firm is a Qualified Federal Debt Relief Agency (see what this means at http://bklaw.com/bankruptcy-blog/2008/0 ... efinition/)
________________________________________________NOTICE: This Electronic Message contains information from the law office of Mark J. Markus that may be privileged. The information is intended for the use of the addressee only. If you are not the
addressee, note that any disclosure, copy, distribution or use of the contents of this message is prohibited.IRS CIRCULAR 230 NOTICE: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advice contained
in this communication (or in any attachment) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any
transaction or matter addressed in this communication.
-- Holly Roarkholly@roarklawoffices.comwww.roarklawoffices.com
Central District of CaliforniaConsumer Bankruptcy Attorney
The post was migrated from Yahoo.
Having Saturday brain fog and need to be sure of the following:
Which, if either, of the following gets included as a noncontingent,
liquidated, UNSECURED debt for determining the limits for a Chapter
13 to be filed before the end of this year:
1. Debtor cosigned on a loan for daughter, on which payments are
current.
2. Debtor owns and is on the mortgages for real property where the
second mortgage is completely under water, but debtor is NOT seeking
to strip the lien.
3. Debtor will likely owe taxes for 2010, but doesn't know the
amounts yet, and return obviously not due to be filed until next April.
Thanks,
Mark
*************************
Mark J. Markus
Law Office of Mark J. Markus
11684 Ventura Blvd. PMB #403
Studio City, CA 91604-2652
(818)509-1173 (818)509-1460 (fax)
web: http://www.bklaw.com/
This Firm is a Qualified Federal Debt Relief Agency (see what this
means at
The post was migrated from Yahoo.