________ income is defined as current monthly income less amounts reasonably necessary to be expended for the maintenance or support of the debtor and the dependants of the debtor.

Question

Quizplus · Accepted Answer

Disposable income is the income that a debtor has left over after necessary expenses for themselves and their dependents are subtracted. The other options (Discernible, Fungible and Tangible) are not related to the definition of disposable income in the context of bankruptcy law.

________ Income Is Defined as Current Monthly Income Less Amounts