Study materials – possible error

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  • May 15, 2014 at 2:52 am #185566
    Anonymous
    Inactive

    Currently studying bankruptcy for Reg and the CPAexcel book says that when there are more than 12 creditors, 3 must file and their claims must be in excess of $14,425; Jeff’s Ninja notes have that amount at $15,325. Which is correct?

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  • May 15, 2014 at 3:06 am #553121
    jeff
    Keymaster

    NINJA is correct. The law changed about a year ago. You might have an outdated book.

    May 15, 2014 at 3:06 am #553122
    jeff
    Keymaster

    NINJA is correct. The law changed about a year ago. You might have an outdated book.

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