Can I take vehicle operation expenses on the means test if the car is not in my name?
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Can I take vehicle operation expenses on the means test if the car is not in my name?
I am filling out the means test and I am stuck on the part of “Vehicle Operation Expenses”. We have 2 cars, 1 is in our name, the other is in my sister’s name. However, we are in the process of making payments to buy it from her and we pay all the expenses of it. Can I take the 2 car expense or only the 1 car expense? I know on the vehicle ownership or lease expense I can only use one car as an expense because that is the only one I have a loan on.
Asked on April 22, 2012 under Bankruptcy Law, Michigan
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
If you are using two cars regardless if they are both not in your name (example: you own one and lease the other) you can assert as expenses the costs of both vehicles that you are using based upon all actual expenses that you have incurred as to both of them to date for the given time period you need to place the pertinent information down for.
You can write down the two car expenses assuming you have actually incurred to date expenses on both vehicles.
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