top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

New job during C13

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    New job during C13

    If I were to enter into a C13, and either changed jobs or got an additional part time job, would that change what I have to pay to the trustee? Anyone run into this in the past? Note: neither of these would make it so I could get out of the debt I'm in currently.
    Pre-Filing Credit Scores:
    Mine - 705 DW - 715
    Filed 08/09/2008
    341 09/25/2008

    #2
    It possibly could, depending on a few things. It varies from district to district. Some require that you report all increases in income, others don't. Yet other's on this board have reported that their trustee only requires them to report an increase in income over a certain percentage.

    Also depends on your % of payback to your creditors. If you are at 100% payback then you should be fine regardless of local customs in your area.

    Search around on these boards and you'll find lots of posts about this topic
    Filed Ch 7 - 07/10/08
    341 Meeting - 08/13/08
    DISCHARGED! - 10/15/08
    CLOSED - 10/20/08

    Comment


      #3
      If you filed Chapter 13 and were in a Plan and changed jobs where you made more income, took on an additional job or lost a job with a decrease in income, you would need to check with your attorney for further instructions as to your specific situation. The best thing to do before you file is ask the attorney you retain what you should do as to any income increases or decreases during your Plan years and whether or not you are required to submit tax returns each year to your Trustee after they are filed with your State and the IRS.
      _________________________________________
      Filed 5 Year Chapter 13: April 2002
      Early Buy-Out: April 2006
      Discharge: August 2006

      "A credit card is a snake in your pocket"

      Comment

      bottom Ad Widget

      Collapse
      Working...
      X