Re: How much is considered "expendable income"?

Date: Sunday, October 26, 2003
Time: 5:42:25 am

It depends on which chapter your are filing. For a chapter 7 having
nothing left over is a good idea, but if you are filing a chapter
13, you need to be able to afford a payment to the trustee to be
applied to arrearages on mortgages, car loans, taxes, student loans,
and a percentage of unsecured debt.

Sarah
--- In , "jobless"
wrote:
> Is there a certain amount? a percentage of your gross?
>
> Right now, I'm putting a list of my monthly expenses together and
> want to have little to nothing left over.
>
> In my list, I'm including on what I'm "going" to pay to get caught
up
> on my student loans and back taxes. (about $1200 behind on student
> loans & $8800 on taxes)
>
> Thanks
> Ross




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