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Mr. Ashley was again advised that he could file an
original tax return for 1989. * * *
* * * * * * *
The financial information submitted by Mr. Ashley
indicates that he has equity in property from which
some funds may be generated. Mr. Ashley houses not
only himself but his common law wife and their natural
son. Thus, there are three who are claimable as de-
pendents for purposes of determining disposable income.
Mr. Ashley indicated that his wife does not work and
that his income is the sole income of the household.
An analysis of his monthly income over allowable ex-
penses reveals the following:
Income Expense Type Expense Amount
$2,000 National Std. $ 781*
Housing & Util. $ 350**
Transportation $ 235***
Total $1,366****
*3 people in household, source: BLS 10/99.
**as claimed but unsubstantiated, no housing pur-
chase or rental expense is involved or included.
***as allowed for one car, no purchase expense is
involved or included.
****Mr. Ashley’s claim reflects monthly expenses
of $1,300.
Footnote: The home and autos are paid for. Mr.
Ashley claims that he lost his health and life
insurance because of the circumstances described
above.
Applying a present value to the excess income over
expenses yields a total of $25,994 [$634 per month x 41
months left on statute = $25,994].
According to the county valuation of Mr. Ashley’s
realty and the information on encumbrances, he has the
full equity of the home because he had satisfied the
mortgage. The county valuation is $75,353. There are
no available valuations for the vehicles or boats in
Mr. Ashley’s possession. However, it is unnecessary to
obtain that information because the addition of present
value to the equity in the realty substantially exceeds
what is owed by Mr. Ashley. Even reducing the value of
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