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
OPINION BY: KAGAN
can view the enhanced version of
Ransom v. FIA Card Servs.
can view the free, unenhanced version of Ransom v. FIA Card Servs. on lexisONE's Free Case Law
Stephen Sather: Supreme Court Rules That Debtor Must Have Loan or Lease Payment for Means Test Deduction (A Texas Bankruptcy Lawyer's Blog)