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A statement of presumed abuse indicates that the bankruptcy court has determined that the bankruptcy petition has sufficient grounds to be dismissed. The statement should contain the reason why, i.e. the debtor's monthly income exceeds the amount permitted.

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15y ago
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15y ago

More than $182.50 left over after you subtract qualifying liabilities from income

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Q: What is presumed abuse under 11 usc 707 b2?
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