Ransom v. FIA Card Services
Jan
11
2011
Ruling
Debtor not entitled to deduct ownership expense on vehicle owned free and clear.
Procedural posture
Petitioner bankruptcy debtor proposed a plan which provided for payment to creditors from the debtor's disposable income which the debtor calculated by including a vehicle ownership expense, even though the debtor had no loan or lease payment for his vehicle. Upon the grant of a writ of certiorari, the debtor appealed the judgment of the U.S. Court of Appeals for the Ninth Circuit which upheld a denial of confirmation of the debtor's plan.
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Court
: U.S. Supreme Court