- 11 U.S.C.
In re Moore
Apr
02
2008
Ruling
Above-median debtor's boat payments were reasonably necessary expenses which could be deducted from current monthly income calculation.
Procedural posture
A creditor holding an unsecured nonpriority claim against the debtors arising out their credit card accounts filed an objection to confirmation of the debtors' chapter 13 plan, challenging the debtors' taking of a monthly deduction of $ 263.36 on Official Bankr. Form B22C for a debt payment secured by the debtors' boat, motor and trailer, arguing that the deduction was not a necessary expense under 11 U.S.C.S. § 1325(b)(3).
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Court
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