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HAVEN Act’s Amendment to CMI: Broadly Protecting Military Service-Related Disability and Death Benefits in Bankruptcy

An article in the November 2019 ABI Journal  looks at how the HAVEN Act amended § 101(10A) of the Bankruptcy Code — defining “current monthly income” (CMI) — by entirely striking and replacing subparagraph (B). The new subparagraph (B) contains the prior’s text, expressing what CMI “includes” and “excludes,” and divides that text into clauses and subclauses.

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