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In re Hoffman

In re Hoffman

Ruling
Confirmation of plan with three-year commitment period denied due to deduction of ordinary and necessary business expenses.
Issue(s)
Whether a self-employed chapter 13 debtor may deduct ordinary and necessary business expenses when calculating current monthly income to determine the applicable commitment period?

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Consumer opinion summary, case decided on May 19, 2014 , LexisNexis #0614-065