Litigation

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U.S. Supreme Court: Debtor Not Entitled To Vehicle Cost Deduction
Posted on 11 Jan 2011 by James Cordrey

WASHINGTON, D.C. - (Mealey's) A divided U.S. Supreme Court on Jan. 11 ruled that a debtor who does not make lease or loan payments on a vehicle is not entitled to the car ownership deduction in a Chapter 13 bankruptcy proceeding ( Jason M. Ransom... Read More