In
re Kuwik
United States Bankruptcy Court
for the Northern District of Georgia
May 23, 2014, Decided
Case No. 13-77137-JRS Chapter 13
Thursday, June 19, 2014
What is Income under 101(10A) for purposes of a Chapter 13 Case - ND Georgia Case
Congress has defined current monthly income as the average monthly income but the Georgia Court was faced with trying to define "income". The Court determined that Congress intended that "income" was meant to mean "gross receipts" for purposes of calculating the current monthly income of a sole proprietor under 101(10a) and determining the applicable commitment period under 1325(b)(4).
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment