School of Law
1045 W. Maple St.
Robert A. Leflar Law Center
Waterman Hall
University of Arkansas
Fayetteville, AR 72701

Phone: (479) 575-5601

Go Figure

By · October 10, 2011 · 2011 Ark. L. Notes 630
In categories: Business Law

The Supreme Court last January decided that a Chapter 13 debtor with above the median income could not deduct car expenses under the IRS rules when he did not owe any debt on the car. This case is important for us because the Court of Appeal for the Eighth Circuit had ruled the other way allowing the deduction.

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Janet Flaccus – Go Figure – Arkansas Law Notes 2011