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Bankruptcy

: The Debt Podcast

Court Allows Mileage Reimbursement in Bankruptcy Budget

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Bankruptcy debtors who receive substantial mileage reimbursement checks from their employers often puzzle over how to account for this “income” on their bankruptcy statements or in the means test. Because these schedules form the basis for qualifying for chapter 7, or for calculating the proper amount of a chapter 13 payment, large mileage reimbursement checks can unfairly [...]

Full post as published by The Debt Podcast on April 28, 2010 (boomark / email).

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