Calculating disposable income

[livnlow]

I used the calculator that determines if you qualify for a Ch-7 or Ch-13 and then subsequently calculates your montly disposable income. I knew doing in that we'd be in a 13 but it seemed like the calculator was messing up on the allowable rent/mortgage payment amount. It is just my wife and I. The calculator picked up on the 2 incomes, 2 car payments, 2 deductions for this and that but when it hit rent/mortgage, it said like 1 person $895 and I couldn't get it to change.

That's a mistake right? Anyone know the 2 person deduction or allowed expense for King George County Virginia?

[JoeBankrupt33]

Looks like it should be $1051.

http://www.usdoj.gov/ust/eo/bapcpa/2..._charts_VA.htm

[livnlow]

Thanks. Follow up dumb question: What happens if my payment is twice that?

[coopersmydog]

Pretty sure it depends on if it's rent or mortgage. Rent, you can only claim up to the IRS standard. Mortgage, you get to deduct the actual amount.