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Home / Opinion Digests / Debtor Can’t Deduct Payments from Income (access required)

Debtor Can’t Deduct Payments from Income (access required)

A chapter 13 debtor who planned to turn over to secured creditors two ATVs, for which she paid $163 per month, should have accounted for that additional income in calculating her projected disposable income, and the 4th Circuit reverses a district court order upholding the bankruptcy court decision that debtor could deduct the monthly payments ...