Legal Opinion

In Re Rezentes

United States Bankruptcy Court, D. Hawaii

Decided April 2, 2007No. 16-00134PublishedCited by 24 opinions

1Opinion of the Court

MEMORANDUM OF DECISION ON OBJECTION TO PLAN CONFIRMATION

ROBERT J. FARIS, Bankruptcy Judge.

I. INTRODUCTION

The question is whether debtors with above-median income can calculate their chapter 13 plan payments by deducting from their income the IRS local standard housing expense even though the debtors’ actual housing expense is substantially less. I reluctantly conclude that the answer is no; such debtors can claim the IRS local standard amount or their actual housing expense, whichever is less.

II. FACTUAL BACKGROUND

Gilbert and Heidi Rezentes filed a chapter 13 petition as joint debtors on…

2Cases cited17 opinions

  1. BFP v. Resolution Trust CorporationSupreme Court of the United States · 1994
  2. Gutierrez De Martinez v. LamagnoSupreme Court of the United States · 1995
  3. City of Chicago v. Environmental Defense FundSupreme Court of the United States · 1994
  4. In Re HardacreUnited States Bankruptcy Court, N.D. Texas · 2006
  5. In Re SlusherUnited States Bankruptcy Court, D. Nevada · 2007

12 more not listed; retrieve them via the Exa API.

3Cited by24 opinions

  1. Ransom v. MBNA America Bank, N.A. (In Re Ransom)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2007
  2. In Re SwanUnited States Bankruptcy Court, N.D. California · 2007
  3. Neary v. Ross-Tousey (In Re Ross-Tousey)District Court, E.D. Wisconsin · 2007
  4. In Re BriscoeDistrict Court, District of Columbia · 2007
  5. In Re MeekUnited States Bankruptcy Court, D. Idaho · 2007

19 more not listed; retrieve them via the Exa API.

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