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Means Test vs. Actual Expenses

Decisions nationwide are all across the board on whether one should use the IRS-allowed expenses or actual expenses in calculating the Means Test.  A recent decision in Massachusetts made one ruling, on one test, in one set of circumstances, and expressly excluded application to other situations.  In a Chapter 13 case, a debtor meets Chapter 13’s [...]

Full post as published by The Debt Podcast on April 14, 2008 (boomark / email).