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Home / Opinion Digests / No Mortgage Payment Deduction for Surrendered House (access required)

No Mortgage Payment Deduction for Surrendered House (access required)

An Alexandria U.S. Bankruptcy Court says a chapter 7 debtor may not deduct the mortgage payments for purposes of the means test when debtor intended to surrender the property and make no more mortgage payments, and the court denies the U.S. Trustee’s motion to dis­miss the case for an abuse of discretion; although debtor has ...

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