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What does this mean? It's about audits.....

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    What does this mean? It's about audits.....

    Debtor's income or expenses having a greater than average variance from the statistical norm for the district. I read it online.

    Can't make sense out of it, it's strangely worded.
    Last edited by Ryersonhead; 07-04-2007, 07:25 PM.

    #2
    Originally posted by Ryersonhead View Post
    Debtor's income or expenses having a greater than average variance from the statistical norm for the district. I read it online. Can't make sense out of it, it's strangely worded.
    If you are talking about bankruptcy audits, after Oct 05 a certain number of cases are now mandated to be audited by every bankruptcy district. Some districts choose the cases they intend to audit by looking for filers with higher income or higher expenses than the average for the bankruptcy district.
    I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.

    06/01/06 - Filed Ch 13
    06/28/06 - 341 Meeting
    07/18/06 - Confirmation Hearing - not confirmed, 3 objections
    10/05/06 - Hearing to resolve 2 trustee objections
    01/24/07 - Judge dismisses mortgage company objection
    09/27/07 - Confirmed at last!
    06/10/11 - Trustee confirms all payments made
    08/10/11 - DISCHARGED !

    10/02/11 - CASE CLOSED
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