Supreme Court rules 'forward-looking approach' must be used in bankruptcy cases

[JURIST] The US Supreme Court [official website; JURIST news archive] on Monday ruled [opinion, PDF] 8-1 in Hamilton, Chapter 13 Trustee v. Lanning [Cornell LII backgrounder] that the "projected disposable income" of a debtor filing Chapter 13 bankruptcy [text] must be calculated using the "forward-looking approach." In finding so, the co...

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