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Bankruptcy

: The Debt Podcast

Car debt key to means test deduction

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Pledge your car for a small loan and save big when you file bankruptcy. Such idiocy follows from the 9th Circuit Court of Appeals decision in Ransom. At issue was whether a debtor got a deduction on the means test for the costs of acquiring a car if the car was fully paid for. [...]

Full post as published by The Debt Podcast on September 22, 2009 (boomark / email).

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