Critical Case Comment

By Henry E. Hildebrand, III, Chapter 13 Trustee for the Middle District of Tennessee (Nashville)

In re Harris, 2014 WL 7385673 (Bankr. E.D. N.C. December 24, 2014)

An above-median income Chapter 13 debtor is only entitled to deduct from Current Monthly Income the lesser of actual home and vehicle payments or the corresponding standards promulgated by the IRS. (Doub)

Case Summary

Cydric and Pamela Harris filed a Chapter 13 petition in August of 2014. They were above-median income debtors but calculated that they had no Projected Disposable Income when they applied the . . .

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