Calculating a reasonable OIC offer amount

Aside from all the paper work, your reasonable collection potential should be approximated as follows:

* 100% of your cash, investments, and accounts receivable, plus
* the realizable value of your vehicles, real estate, and personal assets (minus allowances), plus
* your monthly disposable income over a period of 48 months or 60 months (depending on how you are going to make your offer payments).

This entry was posted on Tuesday, January 9th, 2007 at 4:00 pm.