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Home / Opinion / 09-907 Ransom v. FIA Card Services, N.A.

09-907 Ransom v. FIA Card Services, N.A.

Bankruptcy Means test; car payments A debtor who does not make loan or lease payments may not take the car-ownership deduction. The vehicle-ownership category covers only the costs of a car loan or lease. The expense amount listed ($471) is the average monthly payment for loans and leases nationwide; it is not intended to estimate other conceivable expenses ...

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