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Chapter 13 Means Test
Posted: Thu May 07, 2009 8:38 pm
by Yahoo Bot
13
Erik Clark
Sent: Thursday, May 07, 2009 8:02 PM
To:
cdcbaa@yahoogroups.com
Subject: RE: [cdcbaa] Chapter 13 Means Test
13 or 7? I do it the way you did to determine the DMI but for the ACP they
are correct.
M. Erik Clark
Borowitz, Lozano & Clark, LLP
100 N. Barranca Avenue, Suite 250
West Covina, CA 91791
www.BLClaw.com
Office: (626) 332-8600
Fax: (626) 332-8644
Board Certified in Consumer Bankruptcy
American Board of Certification
________________________________
The post was migrated from Yahoo.
Chapter 13 Means Test
Posted: Thu May 07, 2009 8:01 pm
by Yahoo Bot
13 or 7? I do it the way you did to determine the DMI but for the ACP they are correct.
M. Erik Clark
Borowitz, Lozano & Clark, LLP
100 N. Barranca Avenue, Suite 250
West Covina, CA 91791
www.BLClaw.com
Office: (626) 332-8600
Fax: (626) 332-8644
Board Certified in Consumer Bankruptcy
American Board of Certification
________________________________
The post was migrated from Yahoo.
Chapter 13 Means Test
Posted: Thu May 07, 2009 7:50 pm
by Yahoo Bot
See Wiegand case
For the actual cite please consult the February MCLE program with Jon
Hayes and Judge Jury. Wonderful event!!
The post was migrated from Yahoo.
Chapter 13 Means Test
Posted: Thu May 07, 2009 7:35 pm
by Yahoo Bot
In a case pending in the Valley, I have a debtor who has a sole proprietorship. On the "means test" I inserted gross income and expenses on line 3 which then lists the "net" income. The Truste contends that I should only be listing the gross income and subtract the business expenses in later parts of the means test. This seems to be in conflict with what the actual form states. Any thoughts?
The post was migrated from Yahoo.