Are they looking at gross pay or net pay in comparing w/ expenes?
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I believe it is based on gross because you have insurance, savings, etc all taken out of the gross not the net...... this would included 401k etc.....
I believe all the taxes as insurance stuff is also listed in the expense.....
Been a long time since I filled out a petition....Minny
"It's amazing the paths that our feet sometimes follow in life".
My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different. -
Yes, gross pay--you need to list how much goes to state and fed tax and all that good stuff on schedule J.*** THIS IS NOT LEGAL ADVICE--ONLY A LAWYER CAN PROVIDE THAT. ***
My posts represent hours of research on and off the web, these forums, my experience, and my opinions.Comment
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I found blank forms, scheduals i & j. I printed up each to see.
On schedual J, #12.Taxes (not deducted from wages or included in home morgage)..... I had to pay State this year, could that be included? I forgot to add my tv expense, and of all things my child care! lol.... so I redid it to include these items. I'm well over on the expense side!!!!! waahooo- I guess.Last edited by MyLifeisaMess; 07-13-2006, 12:09 PM.Comment
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