01/11/2011 02:43:00 PM EST
Ransom v. FIA Card Servs., 2011 U.S. LEXIS 608 (Jan. 11, 2011)
LexisNexis
Overview: Bankruptcy debtor improperly claimed a vehicle ownership expense in calculating
disposable income to pay to creditors under 11 U.S.C.S. § 707(b), since the
debtor could only deduct the expense if it was applicable to the debtor's
financial circumstances, and the debtor made no loan or lease payment on the
vehicle to render the expense applicable.
Judges: KAGAN, J., delivered
the opinion of the Court, in which ROBERTS, C. J., and KENNEDY, THOMAS,
GINSBURG, BREYER, ALITO, and SOTOMAYOR, JJ., joined. SCALIA, J., filed a
dissenting opinion.
OPINION BY: KAGAN
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See also:
Stephen Sather: Supreme Court Rules That Debtor Must Have Loan or Lease Payment for Means Test Deduction (A Texas Bankruptcy Lawyer's Blog)