Hi all,
I am having trouble filling out my expnse sheet for filing bankruptcy (in Wisconsin).
My husband is laid off part of the year, anytime between January and June. Some years he works into February and is back in May, and sometimes not. He doesn't know when he'll be laid off or back to work literally until the week before. During the time he is laid off, he collects unemployment compensation of $329 a week. While he's working, he can work up to 40 hours of overtime one week and none the next--just depends.
Basically, I am having trouble figuring out how to do the expense sheet because of this. When we file, it will appear that he is making over $4,000 a month, but the reality is, we don't spend all that money. We have to save some for the 5-6 months he is laid off because a family of 6 cannot survive on $329 a week.
I was thinking I could take his last few years of gross income plus the unemployment, average it, and divide it by 12 and come up with his "gross monthly income" for the year. Is that allowed? Will they think we have this huge nest egg we're sitting on and just filing for the heck of it? There is no way I can make it look like we HAVE to spend $4,000 a month on necessities.
Any ideas here?
Thanks!
I am having trouble filling out my expnse sheet for filing bankruptcy (in Wisconsin).
My husband is laid off part of the year, anytime between January and June. Some years he works into February and is back in May, and sometimes not. He doesn't know when he'll be laid off or back to work literally until the week before. During the time he is laid off, he collects unemployment compensation of $329 a week. While he's working, he can work up to 40 hours of overtime one week and none the next--just depends.
Basically, I am having trouble figuring out how to do the expense sheet because of this. When we file, it will appear that he is making over $4,000 a month, but the reality is, we don't spend all that money. We have to save some for the 5-6 months he is laid off because a family of 6 cannot survive on $329 a week.
I was thinking I could take his last few years of gross income plus the unemployment, average it, and divide it by 12 and come up with his "gross monthly income" for the year. Is that allowed? Will they think we have this huge nest egg we're sitting on and just filing for the heck of it? There is no way I can make it look like we HAVE to spend $4,000 a month on necessities.
Any ideas here?
Thanks!
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