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Can An Ownership Expense For A Car Not Owned By The Debtor Be Deducted In The Chapter 7 Means Test?

By Ryan C. Wood The issue we have here is when the debtor or bankruptcy filer is making the monthly loan or lease payment and paying for maintenance of a vehicle that they are not the purchaser of or person leasing the vehicle. The bankruptcy filer has an agreement with the person tha
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August 25, 2016
by Ryan C Wood
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Chapter 7, Means Test, Means Test Deductions, Ownership Expenses, Vehicles

What Happens to My Vehicles When I File Bankruptcy?

By Ryan C. Wood One of the most common questions we get is what happens to people’s vehicles when someone files for bankruptcy protection. I have good news for you. Rarely will anyone filing for bankruptcy have to give up or sell a vehicle. Let me tell you why. Vehicles and Filing Cha
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July 16, 2013
by Ryan C Wood
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Bankruptcy, Cars, Trucks, Vehicles

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