By Kathryne M. Shaw,1 Boleman Law Firm, P.C. (Virginia Beach, VA) Click here for Part 2 The bankruptcy system requires good faith on the part of a debtor in exchange for the promise of a fresh start, and responsible members of the bankruptcy bar constantly work to ensure that no one “games” this powerful system. So, how does a debtor...
Critical Case Comment – eCast Settlement Corporation v. Washburn (In re Washburn), 08-2023/08-2024 (8th Cir. August 28, 2009) (Melloy)
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eCast Settlement Corporation v. Washburn (In re Washburn), 08-2023/08-2024 (8th Cir. August 28, 2009) (Melloy)
A Chapter 13 debtor with above-median income is permitted to claim a vehicle ownership expense for a vehicle that the debtor owns outright, without encumbrance.
Summary of the Case
Robert Washburn owned a motor vehicle that was not encumbered with a debt payment. He calculated his projected disposable income by deducting from his income $471 per . . .
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