Little Rock, AR
Chapter 13 bankruptcy Lawyer at Little Rock, AR
Practice Areas: Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Chapter 11 Bankruptcy
OUTCOME: Affirmed (2-1 split) in favor of the Debtor
Case involved an above median Debtor taking a Means Test (Form 22C) line item allowance for vehicle ownership cost when there was no debt owed against the vehicle.
OUTCOME: Reversed and Remanded
Successful challenge to Trustee's position that Form 22C determined the ultimate payout to unsecured creditors. 8th Circuit Court of Appeals determined that the "real world" income ( disposable income ... vs projected disposable income) and expenses as defined on Debtor's Schedules I and J were controlling. Court ruled that that even an above means Debtor with negative disposable income was required to submit a 60 month plan (applicable commitment period).
OUTCOME: Affirmed (2-1 spli) in favor of Defendant
Case involved whether an above median Debtor could take a Means Test (Form 22C) line item allowance for a vehicle ownership cost when there was no debt owed on the vehicle
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