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U.S. Bankruptcy Appellate Panel

Chapter 13; Vehicle Ownership Deductions

Where Chapter 13 debtors owned their cars outright, the bankruptcy court erred in holding that they could claim vehicle ownership expense deductions because such expenses are not applicable under Section 707(b)(2)(A)(ii)(I). “The Wilsons argue, and many bankruptcy courts, including the ...

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Reinsurance Contract Premiums

Where a reinsurance contract unambiguously stated that the premium of $15 million was payable over the course of five years with no early termination or loss of business exceptions and the debtor company only paid $6 million for the first ...

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