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Front Page News Discuss Five Year Plan a Must For Small Business in 9th Circuit in the InfiniteCredit Community Central forums; The 9th Circuit Bankruptcy Appellate Panel recently held that a Chapter 13 debtor engaged in business can not deduct necessary business expenses from gross receipts in determining current monthly income.* ...
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Old 05-02-2008, 12:02 AM   #1
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Five Year Plan a Must For Small Business in 9th Circuit

The 9th Circuit Bankruptcy Appellate Panel recently held that a Chapter 13 debtor engaged in business can not deduct necessary business expenses from gross receipts in determining current monthly income.* In re Wiegand, decided April 3, 2008, all but guarantees that small business chapter 13 debtors will be required to spend five years in a [...]

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