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    Pay increase??

    How does a pay increase affect a Ch 13? Before and during the process? It looks as though I will be getting a pay increase on 1 Oct and again on my anniversary at my job next July. I won't be able to file prior to the raise. It will be a total of 5% between the two. So now what?

    #2
    Originally posted by nojusticehere View Post
    How does a pay increase affect a Ch 13? Before and during the process? It looks as though I will be getting a pay increase on 1 Oct and again on my anniversary at my job next July. I won't be able to file prior to the raise. It will be a total of 5% between the two. So now what?
    Any raises on your paychecks *before* you file become a part of your six-month income lookback.

    What happens with raises you get *after* you file depends on your trustee and what he/she expects to be notified about after you file. Some trustees don't care about raises after you file, some want to know if the raise increases your income by 10% or more, and some want to know about any raises at all.
    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 go

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