The 5th Circuit has determined how "projected disposable income" is to be calculated in Chapter 13 bankruptcies, an important ruling that could mean debtors pay more or less to their unsecured ...

Bankruptcy law does not set a single nationwide "maximum income" that cuts you off from relief. Instead, it asks a more practical question: after you pay for basic living costs and required bills, how ...

The trustee objected to the Luedtkes’ proposed plan on the sole ground that, in calculating their disposable income, the Luedtkes claimed not only the $472 standard vehicle operating expense allowed ...

Stretching a paycheck beyond the basics is becoming harder for many Americans. After covering taxes and essential expenses, the disposable income that is left impacts a household’s ability to save, ...