Actual rent more than allowed standard
Posted: Thu May 01, 2008 9:40 am
The debtor may elect to include the difference between the Local Standard and the actual contratual obligaiton to Line 21 and provide a declaration as to why the overall total is reasonable in light of the facts and circumstances of the case. The court will consider the OUST's objection and decide the issue at confirmation.
Susana Tolchard wrote: Inlight of the OUST position regarding "adjustments" to the Local Standard for housing expense, (I believe Jill indicated on Saturday that no "adjustments" are allowed and the OUST will file motions opposing such adjustments in every case), what is anyone doing, if anything, when the difference between the "allowed" standard housing expense and the higher actual rental housing expense makes the difference between presumption of abuse and no presumption on B22A?
Thanks.
Susana B. Tolchard
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The debtor may elect to include the difference between the Local Standard and the actual contratual obligaiton to Line 21 and provide a declaration as to why the overall total is reasonable in light of the facts and circumstances of the case. The court will consider the OUST's objection and decide the issue at confirmation.Susana Tolchard <stolchard@yahoo.com> wrote: Inlight of the OUST position regarding "adjustments" to the Local Standard for housing expense, (I believe Jill indicated on Saturday that no
"adjustments" are allowed and the OUST will file motions opposing such adjustments in every case), what is anyone doing, if anything, when the difference between the "allowed" standard housing expense and the higher actual rental housing expense makes the difference between presumption of abuse and no presumption on B22A? Thanks. Susana B. Tolchard Be a better friend, newshound, and know-it-all with Yahoo! Mobile. Try it now.
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know-it-all with Yahoo! Mobile. Try it now.
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