The Client Was Recently Divorced

The client was recently divorced. Per the divorce settlement, the ex-spouse shall keep possession of the car and make payments.

A) On the petition, the expense of the car should be listed just in case the ex-spouse stops making payments.
B) The car is exempted on Schedule
C) If the client is listed on the auto loan, it should be excluded from the Means Test because per the divorce settlement, the client is not responsible for the debt.
D) The debt is listed Schedule D and the client shall confirm the intent on Form 108.

Correct Answer:

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