Chapter 7 Car Expenses Without A Loan Allowed In Connecticut

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Chapter 7 Car Expenses Without A Loan Allowed In Connecticut

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A Connecticut Bankruptcy Judge has recognized that a person in Chapter 7 may deduct car expenses on the Means Test even if there is no car loan without triggering a presumption of abuse in Bankruptcy. Now there’s a mouthful, but what does it mean? The Means Test was devised by the credit industry to ‘catch’ consumers [...]

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