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Bankruptcy
: The Debt PodcastMeans Test and Old or High Mileage Cars
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The Means Test is not a pretty part of the new bankruptcy filing requirements. Above Median Income filers need to compare their income and expenses against allowances based on the Internal Revenue guidelines for delinquent taxpayers. The new statute is not particularly clear on a number of issues, including two which concern the form’s three [...] read more
Full post as published by The Debt Podcast on September 29, 2008 (boomark / email).
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