Central District Consumer Bankruptcy Attorney's Association

In re Price, 2004? I don't have the cite.
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> Anyone have any authority that says that personal residence debt is consumer debt in determining application of the means test? All previous posts conclude that such debt is classified as consumer debt. However, my research indicates that there is a split in this treatment. The legislative notes to 101(8) indicate that the intent was to exclude real property debt from the consumer debt definition.
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The post was migrated from Yahoo.

If you can prove the debt was used for business then it's business.
Otherwise it is deemed consumer. I did the research earlier this year,
but cannot remember what I did with it.

The post was migrated from Yahoo.

Anyone have any authority that says that personal residence debt is consumer debt in determining application of the means test? All previous posts conclude that such debt is classified as consumer debt. However, my research indicates that there is a split in this treatment. The legislative notes to 101(8) indicate that the intent was to exclude real property debt from the consumer debt definition.

The post was migrated from Yahoo.