What happens if at the time of filing a BK Ch. 13 You are over the median so fall into 60 Months of payments, Then 5-8-12-14-18 etc. you are forced to switch jobs and income is under the Median. Does it go into a 36 month Plan at that point? Do you still have to pay the agreed upon amount with less...

You guys are going to love this.

http://www.youtube.com/watch?v=2BEHrUYbmPU

Hitler Discovers the Means Test...

First, my apology: I posted numbers from the census recently, but I made a mistake. Those numbers were median "household" incomes, but the numbers used for bankruptcy purposes are median "family" incomes. This data was just released and then I realized that they are not the same...

The census just released data for median income by family size. I can't find the data for a single earner. Many of these represent a decrease from the previous median income numbers used for the means test.

So, if you are contemplating bankruptcy and are near the median, you may want...

Being in NY, i get to benefit from larger expense deductions since im over the median income for a Ch 7. My household will be 3, so my question is with the IRS allowances, can i take the full amount of lets say food,clothing, other items for $1152 or what we actually spend which is a bit less? Same...

If my income is 80k and my state median is 81k, will I have to do paperwork for the means test? Being self-employed it seems it will be a lot of extra paperwork. Are any red flags raised when you are very close to the median income?

Thanks in advance!

Hello everyone,

I'm new here and first off i'd like to say thanks to all of the great contributors to this site that have helped make a daunting task a bit less confusing.

I have searched the forums and read up pretty well on umployment benefits and means test calculation,...

I am in a position where I qualify to file for Chapter 7 b/c my income is below the state's median income (tell me if that is incorrect). However, I may receive a raise at my work in the next few months that will put my income over the median. How will this affect my filing for Chapter 7, if at all?...

Hi All,
Sorry for starting another thread, but I didn't know how much I didn't know until I started reading these forums!
I see a lot about people expecting court battles or protests or getting pushed form 7 to 13 from being over the median income... well shoot, the median income is rather...