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Means test: vehicle ownership allowance

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    Means test: vehicle ownership allowance

    I'm confused about the transportation ownership expense category on item #23 of the Means Test. My reading is that there are two separate allowances. #22 for vehicle operation or public transp costs, and #23 for vehicle ownership costs specifically. #23 does NOT include any car payments, which get subtracted out.

    So my question is, if a person has 1 car, no car payments, do they put in the whole IRS allowance on line 23, in addition to the transportation expense allowance on line 22?

    I was just looking over the papers my lawyer filed, and noticed she entered 0.00 on line 23, although I have a car (and she checked the "1 vehicle" box on line 23).

    Also, has anyone seen a definition of what they consider an "operating" cost vs. an "ownership" cost? This was bugging me before I filed too, but figured my lawyer would know what to do.

    I'm still fine on the means test -- claiming this expense would just make me go several hundred negative. But I'd like to make sure everything is correct.
    Last edited by boinga; 11-27-2007, 07:51 PM.
    10/25/2007 Aha! moment
    11/19/2007 Filed Ch.7
    12/19/2007 341 hearing
    02/17/2008 Deadline for objections! tick tick tick ...

    #2
    No one has any information on this?
    10/25/2007 Aha! moment
    11/19/2007 Filed Ch.7
    12/19/2007 341 hearing
    02/17/2008 Deadline for objections! tick tick tick ...

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      #3
      - Ditto - Forgot to check the date

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        #4
        Well just in case anyone is wondering still, it just depends

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          #5
          Do you have a car payment? If you have a car payment that is higher than the allowed amount, then they put 0.00 (can't input a negative number), but then include the car payment down lower under secured debts.

          If you don't have a car payment, then I don't know....
          Filed Chapter 13 on 2-28-10. 341 completed 4/14/10. Confirmed 5/14/10. Lien strip granted 2/2/11
          0% payback to unsecured creditors, 56 payments down, 4 to go....

          Comment

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