- 11 U.S.C.
In re Baughman
Sep
30
2008
Ruling
Debtor could not claim ownership deduction on vehicle owned free and clear.
Procedural posture
The trustee and a creditor each filed objections to the debtors' plan as proposed for confirmation. The debtors took ownership deduction claimed on Official Bankr. Form B22C (the "means test") under IRS local standards for ownership expenses on two vehicles, one of which had less value than its loan, and the second of which was owned free and clear. Therefore, they argued that the plan must not be confirmed.
ABI Membership is required to access the full summary of In re Baughman Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: