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Business, 22.07.2020 07:01 lexireyne2005

As the global pandemic has not slowed with its spread, many business owners and individuals have considered filing bankruptcy. As part of the health and safety measures, courtrooms have been closed to
slow or deter the spread of the virus. A small business owner and her business partner have decided to file
bankruptcy as the pandemic has slowed business over the past three months laving uncertain of future
business.
Are there any downsides to live chats with bankruptcy courts? If so, what are they?
In evaluating a debtor's petition, what factors should be part of a good faith analysis? Should
consideration of the calculation of disposable income play a role? Why or why not?
Should debtors with older vehicles be allowed to take an additional deduction for operating
expenses? Explain.
What argument might be made in favor of allowing a debtor who lives outside an area with mass
transit to claim a deduction in the "Ownership Costs” category for a car that he or she owns free
and clear?

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