Critical Case Comment - Ransom v. MBNA, America Bank, N.A., 2009 WL 2477609 (9th Cir. August 14, 2009) (Trott) • NACTT Academy

Critical Case Comment – Ransom v. MBNA, America Bank, N.A., 2009 WL 2477609 (9th Cir. August 14, 2009) (Trott)

Ransom v. MBNA, America Bank, N.A., 2009 WL 2477609 (9th Cir. August 14, 2009) (Trott)

An above-median income debtor in a Chapter 13 case is not allowed an IRS “ownership allowance” deduction for a vehicle that is owned free and clear.

Summary of the Case

Jason Ransom, an above-median income Chapter 13 debtor, calculated his projected disposable income by deducting the IRS’ standard ownership allowance from his current monthly income because he owned a . . .

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