July 16, 2008

• Clark and Washington Attorney Wins Confimation Hearing Over Trustee Objection

  May a debtor include payments due secured creditors (house payment and car payment) for Chapter 13 means test calculation purposes if the debtor's plan provides for the surrender of the collateral?  Attorney Mary Beth Ausbrooks, managing attorney of Clark and Washington's Nashville office recently argued this issue before Judge Marian Harrison in Nashville (Middle District of Tennessee) bankruptcy court. (…)

February 8, 2008

• New Median Income Numbers for Tennessee Bankruptcy Filers on February 1, 2008

  The office of the United States Trustee has released new median income numbers for bankruptcy cases filed in Tennessee as of February 1, 2008 and thereafter.  We expect that these numbers will remain in effect until around October 1, 2008.  Here are the current numbers:
   

  Tennessee Median Income Numbers

  1 person household
  2 person household
  3 person household
  4 person household

  each additional
  person add…

  $36,380
  $46,039
  $53,337
  $61,856
  $6,900

  You can review the full median income chart at the U.S. (…)