Q: For the liquidation analysis for ch13, why do some bk attnys apply a fudge factor-10%-& some itemize the sales costs?
--can either be used? pros and cons? in my case, itemization is better. why wdnt attny just use this , tehn? What does the ch13 trustee use or accept as standard operating procedure , if any such protocol exists, for the proper adjustment of the sales price ( after the valuation you get in an appraisal) - a 'fudge factor' or 10 pct , or a complete itemization of the expected real, vs assumed, sales costs - example , the real real estate taxes of the property, and the rest of the costs) ? background-- am 90k in debt, all cc. have home w/ some non protected equity, w/ non filing spouse
A:
Different Chap 13 Trustees have different ways of looking at things.
How about you just plain ask the trustee's lawyer that is if you don't have one of your own.
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