No ‘deductions’ for above-median debtors

November 20, 2009

Chapter 13 debtors cannot deduct payments to secured creditors for property they intend to abandon, the 9th Circuit Bankruptcy Appellate Panel has ruled in reversing a bankruptcy court. A related issue – what constitutes “projected disposable income” in a Chapter 13 case – may go to the U.S. Supreme Court.  The debtors in

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No ‘deductions’ for above-median debtors

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