Issues with Means Testing and Schedules I and J
Presented by the Hon. Steven W. Rhodes Consumer Bankruptcy Conference
This session focuses on recent case law and the nuances of the means test, such as CMI, spousal adjustment, tax obligations, 401(k) contributions and rebutting the presumption of abuse. With perspectives from both the U.S. Trustee and debtor, the panelists also take a deeper look at Schedules I and J compared to the means test, the totality-of-the-circumstances analysis, and objections to income and expenses, in both original and converted cases.
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