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Just had confirmation hearing, but....

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    Just had confirmation hearing, but....

    Within a month of my confirmation hearing, I encountered a job opportunity that greatly increased my income. Both mine and my wife's cars are limping along near 200K miles, and both need to be replaced. I can easily afford two payments now. When I notify the Trustee about my income increase, and my desire to buy two new cars, will my monthly Trustee payment increase to consume all of my new income, putting me back in struggle mode?

    #2
    That's a tough one. I think that the situation you are in is one of the worst. I think that when you try to get the motion to incur new debt for new vehicles your trustee will take the extra income from the new job. It sucks, but that's generally how it goes. What percent payback are you at? Eventually your trustee is going to find out about the new job and more money and if you are attempting to keep that info from him then you are going to have a bit of trouble to deal with. The only thing I can suggest is saving up the money from the new job and if one of your cars goes replace it with a cash car.
    Disclaimer: Young, NOT Dumb.(._.) The plan: $480 monthly for 60 months at 100%. 07/12/08
    Motion to Discharge: FILED!! 08/07/13
    60 down/0 to go \m/(*.*)\m/ 100% complete!

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