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The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005: Evaluation of the Effects of Using IRS Expense Standards to Calculate a Debtor's Monthly Disposable Income (Technical Report)

Name: The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005: Evaluation of the Effects of Using IRS Expense Standards to Calculate a Debtor's Monthly Disposable Income (Technical Report)
Author: Noreen Clancy, Stephen J. Carroll, Melissa A. Bradley, Jennifer Pevar, Marianne Culhane
ISBN: 9780833041838

AuthorNoreen Clancy, Stephen J. Carroll, Melissa A. Bradley, Jennifer Pevar, Marianne Culhane

PublisherRand Publishing

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Book Details

Author(s)Noreen Clancy, Stephen J. Carroll, Melissa A. Bradley, Jennifer Pevar, Marianne Culhane

PublisherRand Publishing

ISBN / ASIN0833041835

ISBN-139780833041838

AvailabilityUsually ships in 24 hours

Sales Rank622,084

MarketplaceUnited States 🇺🇸

Description

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) requires that debtors filing for bankruptcy whose monthly income exceeds the median income for their household size in their state use the IRS expense standards rather than their current expenses to calculate their monthly disposable income (MDI). This report assesses this new requirement's effects on debtors and the courts.