income
I live in Arkansas and am about to file chapter 7 (hopefully). I work a regular full time job but my husband is self employed (has been for the past 20 years) I am trying to find out how his income is going to be determined. I asked my lawyer how monthly income was figured under these circumstances and his answer was "you decide what your monthly income is and we will report that amount on the schedule." That did not exactly answer my question. Also, my husband has had a loss on his business for the past four years so he recently took a temporary job that deducts payroll taxes. This job may last 3 months or 6 months. It depends on the contractor who hired him. The answer to this question will determine if we can file 13 or 7. So, I'm at a loss. Can anyone help? Thanks in advance for any helpful advice.
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Sounds like you need a NEW Lawyer
A skilled BK Lawyer should easily be able to answer these questions.
Time to find a decent one.[FONT=Book Antiqua][SIZE=3][COLOR=Magenta]
Life indeed goes on happily AFTER Bankruptcy.
Free yourself and be able to live again.
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his income will be determined via his 1099 forms and other tax related documents. he simply needs to furnish proof of the last 5 -7 years of past earnings.
Good Luck!
The information provided is not, and should not be considered legal advice. All information provided is only informational and should be verified by a law practioner whenever possible. When confronted with legal issues contact an experienced attorney in your state who specializes in the area of law most directly called into question by your particular situation.Comment
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