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<br />04/01/15 Page 7-19 <br />Third-party verification form from the person paying the support <br />Family's self-certification of amount received and of the likelihood of <br />support payments being received in the future, or that support payments <br />are not being received. <br />A separation or settlement agreement or a divorce decree stating amount <br />and type of support and payment schedules <br />If the family declares that it receives irregular or no payments, in addition to the <br />verification process listed above, the family must provide evidence that it has taken all <br />reasonable efforts to collect amounts due. This may include: <br />A statement from any agency responsible for enforcing payment that <br />shows the family has requested enforcement and is cooperating with all <br />enforcement efforts <br />If the family has made independent efforts at collection, a written <br />statement from the attorney or other collection entity that has assisted the <br />family in these efforts <br />Note: Families are not required to undertake independent enforcement action. <br /> <br />7-III.E. ASSETS AND INCOME FROM ASSETS <br />Assets Disposed of for Less than Fair Market Value <br />The family must certify whether any assets have been disposed of for less than fair market value <br />in the preceding two years. The PHA needs to verify only those certifications that warrant <br />documentation [HCV GB, p. 5-28]. <br /> SAHA Policy <br />SAHA will verify the value of assets disposed of only if: <br />SAHA does not already have a reasonable estimation of its value from previously <br />collected information, or <br />The amount reported by the family in the certification appears obviously in error. <br /> <br />Example 1: An elderly participant reported a $10,000 certificate of deposit at the last <br />annual reexamination and SAHA verified this amount. Now the person reports that she <br />has given this $10,000 to her son. SAHA has a reasonable estimate of the value of the <br />asset; therefore, re-verification of the value of the asset is not necessary. <br />Example 2: A family member has disposed of its 1/4 share of real property located in a <br />desirable area and has valued her share at approximately 5,000. Based upon market <br />conditions, this declaration does not seem realistic. Therefore, SAHA will verify the <br />value of this asset. <br />5-35