Ballpark figures for Bk payment

[holding on]

I'm just looking for more experienced people's opinion if I have this about right for a bk payment.

2 in household, married, just me filing:
Necessities $1,393
Utilities $302
car transportation $260
car ownership $478
car insur $73
health copay $100
cell phone $80
income taxes $2,648
sub total $5,334
mortgage $2,010
tot expns $7,344
income $8,203
disposable income $859
total priority/
secured debt $27,520
unsecured $29,000
total debt $56,520

$56,520 divided by $859 = roughly 65 1/2 months.

In the end its $859 to a trustee for 60 months.

Does this sound kosher? Am I missing something? I used the link http://www.legalconsumer.com/means-t...ator/index.php for the allowances.

[isitreal]

Looks like you got it about right. Of course, if not everyone claims, then you might end up paying back either 100% or less than 60 months (or both).

keep in mind you also have attorneys fees (sometimes roled into the plan) and interest paid to the trustee.

[qwertysue]

Also, an attorney might be more familiar with your local acceptable $$ amounts for each expense which might be higher (or lower) than what you're showing.

What you have is a starting point though.

[holding on]

thanks for the input. I just wanted to be sure I had the concept right. thanks isitreal for pointing out the trustee interest. I don't have to worry (a very rare don't have to worry) about attorney fees as I have an insurance plan that covers it.