Thanks, Dennis, but I don't think that's accurate. If there is community property (and that is one of the issues of my hypothetica), then the debtor has a community property interest in their spouse's income (in other words, it is part of their income as well). Right?
A sub-issue is whether or not there is any "penalty" for debtor just willy-nilly deciding to quit her job and move to Florida (regardless of whether she's going to be with her husband) and then just collect unemployment and convert to Ch. 7. I don't see anything wrong with that from a purely legal standpoint, but it just SMELLS wrong and I always wonder what the ramifications may be. And then, if the Trustee found out the reason she quit her job was to reunite with her separated spouse (thereby, reconstituting the community, allegedly) then how does that look vis a vis the creditors who no longer get paid? I would think they'd want hubby's income factored in at that point for 707(b) purposes.
David Tilem must have dealt with this issue before?!
***********************************************
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)
e-mail:
bklawr@bklaw.com
web:
http://www.bklaw.com/
************************************************
Confidentiality Note: This e-mail is intended only for the person or
entity to which it is addressed and may contain information that is privileged,
confidential, or otherwise protected from disclosure. Dissemination,
distribution, or copying of this e-mail or the information herein by anyone
other than the intended recipient, or an employee or agent responsible for
delivering the message to the intended recipient, is prohibited. If you
have received this e-mail in error, please notify us immediately at (818)
509-1173 or e-mail us at
bklawr@bklaw.com and destroy the
original message and all copies.
----- Original Message -----
To:
cdcbaa@yahoogroups.com
Sent: Wednesday, November 24, 2004 10:32 PM
Subject: Re: [cdcbaa] community property/debtor moves in Ch. 13
--- "Mark
Take a look at the instructions for I and J. Only
the debtor's income counts in a 7. It is only a 13
where both incomes count. If a discharge is necessary
(you leave out that from the facts), and there are no
other abuse issues, just convert.
dennis
__________________________________
Do you Yahoo!?
Yahoo! Mail - You care about security. So do we.
http://promotions.yahoo.com/new_mail
Yahoo! Groups Sponsor
ADVERTISEMENT
Yahoo! Groups Links
a.. To visit your group on the web, go to:
http://groups.yahoo.com/group/cdcbaa/
b.. To unsubscribe from this group, send an email to:
cdcbaa-unsubscribe@yahoogroups.com
c.. Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
Thanks, Dennis, but I don't think that's
accurate. If there is community property (and that is one of the issues of
my hypothetica), then the debtor has a community property interest in theirspouse's income (in other words, it is part of their income as well). Right?
A sub-issue is whether or not there is any"penalty" for debtor just willy-nilly deciding to quit her job and move toFlorida (regardless of whether she's going to be with her husband) and then just
collect unemployment and convert to Ch. 7. I don't see anythingwrong with that from a purely legal standpoint, but it just SMELLS wrong and I
always wonder what the ramifications may be. And then, if the
Trustee found out the reason she quit her job was to reunite with her separated
spouse (thereby, reconstituting the community, allegedly) then how does that
look vis a vis the creditors who no longer get paid? I would think
they'd want hubby's income factored in at that point for 707(b)
purposes.
David Tilem must have dealt with this issue
before?!
***********************************************Mark J. MarkusLaw
Office of Mark J. Markus11684 Ventura Blvd. PMB #403Studio City, CA91604-2652(818)509-1173(818)509-1460 (fax)e-mail:
bklawr@bklaw.comweb:
The post was migrated from Yahoo.