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Car Ownership Deduction Allowed for Fully Paid Car
Massachusetts Bankruptcy Judge Hillman in the case of In re Young , 2008 WL 3274425 (Bkrtcy.D.Mass.2008) decided the important issue of whether the means test deduction for car ownership could be taken by a debtor with no car loan or lease payment. The trustee and a creditor had taken the position that the car [...]