How much extra income before payment increase in a 13?

[BNKRPTinNC]

In my situation I have about $90k in unsecured to 12 separate claims with the plan set up to pay 0% to unsecured and am almost a year into my 5 yr plan. I was just thinking, if I were to make an extra $5k a year and reported said increase to atty, would it be worth it for the trustee to try and divvy up, monthly, to 12 creditors over a period of 4 years with the trustee getting 5.5%? If my rough figuring is correct for each year - the trustee would get $275 ($22.92/mo) and the creditors would get $4725 split 12 ways or $393.75 ($32.81/mo) apiece. Is that the way it is figured? Or would it be based on the amount each creditor claimed and each would get a percentage based on what is owed against the $90k? Just curious as it would look like, to me, that it would not be worth the effort to make 12 extra payments each month for $23. Heck, if checks are mailed postage alone would cost over $5.

[flower04]

In my state, OR, it is 10% increase from the amount determined to be your monthly income in your plan. So, you can make up to 9.9% and be fine without any changes. HTH

[klandsb]

Just curious.. How often do they check your income ?? My job requires both forced OT and volunteer OT which means my income fluctuates ... I was just wondering how often I would have to report it to my attorney.... I work for a utility company and we have problems when the weather is bad and then my OT goes up...

[woeisme]

typically a trustee will ask for income tax returns, so the "how often?" is annually. In my case, trustee doesn't even ask for that, although at any time they can make the request, some don't bother as long as they get their payments on time. I think if you are self-employed or have wildly fluctuating income like someone working off commissions, they might want for frequent reporting, but like a lot of things, it's very trustee-dependent, no hard and fast rules.

[optimistic1]

"I doubt the trustee's office even looks at your returns" - My last attorney

Which is probably the reason why most of them come up with the 10% rule, they expect you to tell them, because they dont check anything, other than if you paid your last payment.