Right now I've been paying just the minimums on the Student Loan and HELOC.
When I fill out Schedule J, do I put in the minimum or can I do the 1/60th (like the means test) for the HELOC?
For the student loan, they have graduated, standard, income contingent, and extended plans that vary from $163 to over $1000 a month. (Couldn't pay off that thing in 60 months so 1/60 is not an option!) Do I have to go with the lowest ($163) since this is a non-priority unsecured debt? Or can I choose the next lowest--extended ($253)?
When I fill out Schedule J, do I put in the minimum or can I do the 1/60th (like the means test) for the HELOC?
For the student loan, they have graduated, standard, income contingent, and extended plans that vary from $163 to over $1000 a month. (Couldn't pay off that thing in 60 months so 1/60 is not an option!) Do I have to go with the lowest ($163) since this is a non-priority unsecured debt? Or can I choose the next lowest--extended ($253)?