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6 Apr 2006, 8:10 am
Then, just to make it a little more complicated, the debtor is also allowed under 707(b)(2)(A)(iii) a deduction for average monthly payments on secured debts.The debtor in Hardacre contended that she was entitled (indeed, specifically directed by the statutory language) to deduct for the standard housing and auto ownership allowances under (ii), and deduct for her actual mortgage and auto loan payments under (iii), to determine her disposable income. [read post]
6 Apr 2006, 8:10 am
Then, just to make it a little more complicated, the debtor is also allowed under 707(b)(2)(A)(iii) a deduction for average monthly payments on secured debts.The debtor in Hardacre contended that she was entitled (indeed, specifically directed by the statutory language) to deduct for the standard housing and auto ownership allowances under (ii), and deduct for her actual mortgage and auto loan payments under (iii), to determine her disposable income. [read post]
13 Feb 2006, 12:01 pm
In particular, Judge Isgur was concerned that the motion failed to set out a basis for extending the stay as to any creditor other than one mortgage holder. [read post]