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Bankruptcy

: The Debt Podcast

7th Circuit Allows Car Ownership Means Test Deduction

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The issue of whether a debtor should get to take the car “ownership” allowance when he has no loan or lease payment has been one of the many controversial issues surrounding the bankruptcy means test. Recently, the 7th Circuit Court of Appeals addressed the issue and described the split of authority in this manner: We [...]

Full post as published by The Debt Podcast on December 23, 2008 (boomark / email).

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