Does anyone know if reimbursement is considered income as it pertains to the means test and the median income?
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Who did you get reimbursed from and for what? (Sorry if I'm being dense)*** THIS IS NOT LEGAL ADVICE--ONLY A LAWYER CAN PROVIDE THAT. ***
My posts represent hours of research on and off the web, these forums, my experience, and my opinions. -
If it is for work related expenses (travel, lodging, meals, etc) then no, not considered income. Just paying you back for what you paid out..Thanks,
GaCreditGuy
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BK7 Filed : 01/29/2006
341 Completed : 03/06/2006
Deadline For Objections: 05/05/2006
Discharged : 06/30/2006
Case Closed : 06/30/2006Comment
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It is a credit towards health insurance. Thank for your replies.Comment
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If you mean that they pay you a seperate line item from which you turn around and buy your own health insurance -- then I believe the answer is yes, that is income. I have a similar situation with my employer and I've been told that counts as income. Check with your lawyer and let us know if you hear differently.Originally posted by CRRAVOSAComment
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Are you talking about something like a "flex credit"?
If you take medical insurance, you get so many "company bucks" to use to pay for the premium. But if you don't take insurance, you don't make any more money? Or is your base pay increased by the "flex benefit" amount?Filed Ch 7 - 09/06
Discharged - 12/2006
Officially Declared No Asset - 03/2007
Closed - 04/2007
I am not an attorney. My comments are based on personal experience and research. Always consult an attorney in your area to address concerns related to your particular situation.
Another good thing about being poor is that when you are seventy your children will not have declared you legally insane in order to gain control of your estate. - Woody Allen...Comment
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I have a medical credit and a dental credit showing on each of my pay receipts. Although they appear to be income, mine are NOT considered part of my salary and are NOT reported to the IRS as income annually. They are just the portion of my health benefits my company pays, that's all.
Our bk lawyer says these credits are confusing and quite tricky to get right on bk forms. I chose to get written documentation from my HR dept explaining that these credits are part of my "total compensation benefits package" but they are not income in case our trustee questions them.I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.
06/01/06 - Filed Ch 13
06/28/06 - 341 Meeting
07/18/06 - Confirmation Hearing - not confirmed, 3 objections
10/05/06 - Hearing to resolve 2 trustee objections
01/24/07 - Judge dismisses mortgage company objection
09/27/07 - Confirmed at last!
06/10/11 - Trustee confirms all payments made
08/10/11 - DISCHARGED !
10/02/11 - CASE CLOSED
Countdown: 60 months paid, 0 months to goComment
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Great job in being proactiveOriginally posted by lrprn*** THIS IS NOT LEGAL ADVICE--ONLY A LAWYER CAN PROVIDE THAT. ***
My posts represent hours of research on and off the web, these forums, my experience, and my opinions.Comment
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