#3 Payments to creditors - do you only list unsecurred loans/payments or do you also list a home mortgage payment here also?
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List any where you paid more than $600 (collective total in the past 90 days) ... I listed both of our vehicles, kind of like this:
Vehicle Creditor So-and-So $X 7/1
Vehicle Creditor So-and-So $X 8/1
Vehicle Creditor So-and-So $X 9/1Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision. -
It depends on local practice, it's a given that things like a house payment etc will exceed that amount, so most petitions tend to only list payments to unsecured creditors.
The reason being is that secured creditors are entitled to priority and so the trustee generally cannot undue that payment even if he wanted too.Comment
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