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Bankruptcy

: The Debt Podcast

9th Circuit Denies Allowance of Vehicle Ownership Expense: Frustrated at Congress

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The Ninth Circuit recently issued a very important decision in the case of In re Ransom, wherein it ruled that Debtors without vehicle debt can not deduct vehicle ownership expenses on Form B22 (the “means test”), a new form created under the new bankruptcy laws enacted in October, 2005.  Such a ruling now creates a [...]

Full post as published by The Debt Podcast on August 15, 2009 (boomark / email).

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