Need to amend schedules annually in Ch. 13??
Posted: Mon Mar 31, 2008 10:28 am
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OK. Now I remember. I talked with Aki Koyama about this a couple months ago and he told me they weren't enforcing that provision. Now they're sending out this "request". Hmm...I wonder what the penalty is for failure to comply. You're also supposed to supply an explanation of how the expenditures are calculated. Are you kidding me? For EACH one? No thanks.
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Mark J. Markus
Law Office of Mark J. Markus
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(818)509-1173 (818)509-1460 (fax)
web: http://www.bklaw.com/
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----- Original Message -----
To: cdcbaa@yahoogroups.com
Sent: Monday, March 31, 2008 10:05 AM
Subject: RE: [cdcbaa] Need to amend schedules annually in Ch. 13??
Try again, it's 521(f)(4)(B) and this sub-section does NOT deal with tax returns. It merely uses the tax year as a reference for the information which is supposed to be provided. You don't have to file an amended I & J, that would be improper, but you do have to file a similar type of statement which contains the same type of information as schedules I & J. Their use of Schedules I & J is merely a convenience to avoid having to create a new Annual Financial Report form.
David A. Tilem
Certified Bankruptcy Specialist*
Law Offices of David A. Tilem (a debt relief agency)
206 N. Jackson Street, #201, Glendale, CA 91206
Tel: 818-507-6000 Fax: 818-507-6800
* Bankruptcy specialist cert. by State Bar of CA Bd of Legal Specialization.
Business bankruptcy specialist cert. by Amer. Bd. of Certification
Mark JM
Sent: Monday, March 31, 2008 8:55 AM
To: cdcbaa@yahoogroups.com
Subject: Re: [cdcbaa] Need to amend schedules annually in Ch. 13??
Under 521(f)(3) there are no subsections either, and both 521(f)(3) and 521(f)(4) that deals with tax returns, not amended schedules.
----- Original Message -----
To: cdcbaa@yahoogroups.com
Sent: Monday, March 31, 2008 9:32 AM
Subject: Re: [cdcbaa] Need to amend schedules annually in Ch. 13??
521(f)(3)(B), sorry!
Mark JM wrote:
My 524(f) has no subsections, and it deals with reaffirmation agreements/repaying debts.
----- Original Message -----
To: cdcbaa@yahoogroups.com
Sent: Monday, March 31, 2008 8:41 AM
Subject: Re: [cdcbaa] Need to amend schedules annually in Ch. 13??
524(f)(3)(B)
Mark JM wrote:
I just read through a form letter from Kathy Dockery's office sent to all Ch. 13 debtors which states that if your case was filed post-BARF, you must file amended schedules "I" and "J" along with proof of income for the previous year.
Where in the Code is this mandated? Or is this something in our local rules or stuck in the confirmation order somewhere?
______________________
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
___________
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 (or in any attachment).
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