Source: https://www.bestcase.com/community/release-notes-april-2020/
Timestamp: 2020-06-02 08:49:48
Document Index: 145338673

Matched Legal Cases: ['§ 1328', '§ 1328', '§ 34', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 55']

Release Notes - April 2020 – Best Case
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Release Notes – April 2020
Revised Means Test Figures
The Census Bureau, IRS Data and the Chapter 13 Administrative Expenses Multipliers are revised effective May 1, 2020. After updating Best Case, view the new figures in the program by changing the expected filing date to May 1, 2020 or later in the General tab in Form 122. Visit the U.S. Trustee’s Means Testing website for more information regarding revisions. A comparison of the previous numbers is provided.
Western District of New York – revised effective April 2020
Central District of Alabama – revised effective April 2020
Motion for Discharge Under 11 U.S.C. § 1328(a) and Debtor’s Certification of Compliance with 11 U.S.C. § 1328
Effective April 2020 the following federal forms have been updated in accordance with the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). To view these changes, please update Best Case.
View more information about these changes.
Form 210 Voluntary Petition for Non- Individuals Filing for Bankruptcy
Form 122 A-1 Chapter 7 Statement of Your Current Monthly Income
From 122 B Chapter 11 Statement of Your Current Monthly Income
Form 122 C-1 Chapter 13 Statement of Your Current Monthly Income and Calculation of Commitment Period
District of Michigan – effective April 2020
Homestead increased from $38,225.00 to $40,475.00 600.5451(1)(m)
District of Virginia – effective July 2020
Real or personal property used by the debtor or debtor’s dependent(s) as a principal residence Va. Code § 34-4 amended to create a new state exemption of up to $25,000
District of Idaho – effective March 2020
Per item limit for household furnishings and appliances, wearing apparel, animals, books, musical instruments, family pictures and heirlooms increased from $750 to $1,000 (§§ 11-605(1)(a)-(c))
Tools of the trade and professional books increased from $2,500 to $10,000 (§ 11-605(3))
Motor vehicle increased from $7,000 to $10,000 (§ 11-605(3))
Crops increased from $1,000 to $5,000 (§ 11-605(7))
Firearm increased from $750 to $1,500 (§ 11-605(8))
Wildcard increased from $800 to $1,500 (§ 11-605(10))
Earnings increased from $1,500 to $2,500 (§ 11-605(11))
Homestead increased from $100,000 to $175,000 (§ 55-1003)
*Requires purchase of local 13 plan or forms package. Visit the local forms page for pricing.