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CMI and the unfortunate self-employed
Wow...case hasn't come through on Lexis yet, but that is staggering--and just a horribly incorrect interpretation. That's one of the few things they actually got correct on the means test form. I'll save the rest of my rant until I've read the opinion. Hopefully this is being appealed to the 9th Circuit and NACBA should be alerted to write an amicus.
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----- Original Message -----
To: cdcbaa@yahoogroups.com
Sent: Wednesday, April 30, 2008 7:53 AM
Subject: [cdcbaa] CMI and the unfortunate self-employed
Wiegand, 2008 DJDAR 6175 (BAP 9th 4/30/08).
BAP holds that, despite official form B22C, business expenses may not be deducted above the line, thereby sending most self-employed debtors into 5 year chapter 13 plans.
Law Office of Eric Alan Mitnick
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Need a new ride? Check out the largest site for U.S. used car listings at AOL Autos.
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Wiegand, 2008 DJDAR 6175 (BAP 9th 4/30/08).
BAP holds that, despite official form B22C, business expenses may not be
deducted above the line, thereby sending most self-employed debtors into 5 year
chapter 13 plans.
Law Office of Eric Alan Mitnick
21515 Hawthorne Boulevard, Suite 1080
Torrance, CA 90503
(310) 792-5864; 792-5866 (fax)
MitnickLaw@aol.com
Although this email and any attachments are believed to be free of any virus
or other defect that might affect any computer system into which it is
received and opened, it is the responsibility of the recipient to ensure that it
is virus free and no responsibility is accepted by the sender for any loss or
damage arising in any way from its use.
**************Need a new ride? Check out the largest site for U.S. used car
listings at AOL Autos.
(http://autos.aol.com/used?NCIDlcmp00300000002851)
Wiegand, 2008 DJDAR 6175 (BAP 9th 4/30/08).
BAP holds that, despite official form B22C, business expenses may not be
deducted above the line, thereby sending most self-employed debtors into 5 year
chapter 13 plans.
Law Office
of Eric Alan Mitnick21515 Hawthorne Boulevard, Suite 1080Torrance,
CA 90503(310) 792-5864; 792-5866 (fax)MitnickLaw@aol.comAlthough
this email and any attachments are believed to be free of any virus or other
defect that might affect any computer system into which it is received andopened, it is the responsibility of the recipient to ensure that it is virus
free and no responsibility is accepted by the sender for any loss or damagearising in any way from its use.
The post was migrated from Yahoo.