Announcement

Collapse
No announcement yet.

User Profile

Collapse

Profile Sidebar

Collapse
LadyInTheRed
LadyInTheRed
Moderator
Joined: 12-02-2009
  • Filter
  • Time
  • Show
  • Source
Clear All
new posts

  • LadyInTheRed
    replied to Received a raise
    The trustee gets a commission based on the amount disbursed. You will not pay more than the total allowed claims, any attorney fees included in the plan and the trustee commission. Once those items are paid, your plan will probably end. If there is an over payment, you will receive a refund at the...
    See more | Go to post

    Leave a comment:


  • LadyInTheRed
    replied to Another Question
    The median income for a 2 person household in Texas is $63,148. I highly doubt your extra income puts you over that amount. You should easily qualify for a Chap 7. Even a mean trustee can't change that as long as your petition is complete and accurate. Be sure that that extra income in the six months...
    See more | Go to post

    Leave a comment:


  • Assuming the IRS filed a proof of claim, in order for the taxes to be discharged, you need to complete your plan. It sounds like completing your plan means paying 100% of claims. So, you would end up paying 100% of the dischargeable taxes anyway.

    How much is the property worth that you...
    See more | Go to post
    Last edited by LadyInTheRed; 08-17-2018, 03:44 PM.

    Leave a comment:


  • LadyInTheRed
    replied to Discharge of education loan
    If you aren't getting responses to emails, you might want to try following up with a telephone call. If your situation makes a discharge of the loan a possibility, you should be able to find a lawyer who will handle it. Your profile says you are in Virginia. I just did a Google search for "Virginia...
    See more | Go to post

    Leave a comment:


  • LadyInTheRed
    replied to One payment left!!!
    Hi, carmella13 . Voluntary 401k contributions are not commonly allowed as deductions when determining plan payments, but it is not uncommon for Chap 13 debtors to find away to contribute anyway. Are you sure the advice to not contribute to your 401k didn't apply to the period before you filed? If you...
    See more | Go to post

    Leave a comment:


  • LadyInTheRed
    replied to Bank Statements
    At least the statements for the month in which you file. Anything other than that is up to the trustee. For trustees who request more than the 1 month, 3 to 6 months seems common.
    See more | Go to post

    Leave a comment:


  • LadyInTheRed
    replied to If income increases
    I am not certain, but I think a trustee might be able to increase your plan payment if your income increases. If the payment increases, then your plan would end early, as soon as all claims and the trustee's commissions are paid. From what I have seen here, trustees don't typically insist on an increase...
    See more | Go to post

    Leave a comment:


  • LadyInTheRed
    replied to One payment left!!!
    Congratulations on making it to the end! I know how great it feels. I look forward to congratulating you on your discharge.
    See more | Go to post

    Leave a comment:


  • LadyInTheRed
    replied to High Income Chapter 7 In MA
    It is very common for debtors with over median income to qualify for a Chap 7 discharge. You might want to try the online means test: https://www.legalconsumer.com/bankruptcy/means-test/. It is not a substitute for the advice of an attorney, but if you have the patience to get through it, it can help...
    See more | Go to post

    Leave a comment:


  • If you don't owe money to the credit unions where your newer accounts are, there will not be an issue. You should withdrawal whatever you can from NFCU before you file because credit union contracts often provided that deposit accounts are collateral for the debt.

    The increase in income...
    See more | Go to post

    Leave a comment:


  • Could they? Yes. Will they? Not likely.

    I have never heard of a creditor objecting to discharge due to inflated income on a credit application. They aren't going to find out because of the tax returns that you give to the trustee. Those are not filed with the court and are not available...
    See more | Go to post

    Leave a comment:


  • LadyInTheRed
    replied to Disabled and getting a divorce
    Sounds like your gross annual income, including ssdi is $36,000. Median income for a one person household in Texas is $47,238. You pass the means test if your income is below median and you don't have to include ssdi. So, you will easily pass the means test. Having a live-in care giver working in...
    See more | Go to post

    Leave a comment:


  • Hi, roses,

    When you ask a question, be sure to give a quick summary of your situation. Don't depend on people to look at your other posts.

    You plan to file Chap 7, but not until after you have surgery next year and after your divorce is finalized.

    There is no reason...
    See more | Go to post

    Leave a comment:


  • LadyInTheRed
    replied to Disabled and getting a divorce
    If your only income is SSDI and you have no non-exempt assets, your Chap 7 should go very smoothly. Just don't give away any money or assets or make any huge financial moves outside of the property settlement in your divorce. I think the division of property will be documented as part of the divorce,...
    See more | Go to post

    Leave a comment:


  • LadyInTheRed
    replied to Cashing Checks Question
    Don't worry about it. Just make sure your attorney knows about them so that they can be included in the petition if required....
    See more | Go to post

    Leave a comment:


  • Don't worry, they wouldn't reject the agreement. It is to the lender's advantage to have you reaffirm.

    For a reaffirmation to be valid, the agreement must be filed with the court along with a statement by your attorney that reaffirming is not an undue hardship for you. If it was not...
    See more | Go to post

    Leave a comment:


  • LadyInTheRed
    replied to Cashing Checks Question
    The trustee could ask for copies of the checks. More likely, if he notices regular deposits to your account (assuming he even looks at enough account statements to notice a pattern), he will ask about the source of deposits, you will tell him and that will be the end of the subject. If he does want...
    See more | Go to post

    Leave a comment:


  • What do you mean by "in process". Did you sign the reaffirmation agreement and was it filed with the court along with a declaration by your attorney that it was not an undue hardship for you to reaffirm?
    See more | Go to post

    Leave a comment:


  • It sounds like you are using a document preparer. My advice is that you don't rely on a document preparer for legal advice. They are not qualified to give you legal advice. They are qualified only to fill out forms as you direct. If you file pro se, you are your own attorney and are responsible...
    See more | Go to post

    Leave a comment:


  • Once your car is paid off, they should send you the title. My car payments were included in the plan and as soon as the trustee made the final payment on the car, the lender sent me the title.

    Also, something just noticed in your first post is that you said you reaffirmed your mortgage....
    See more | Go to post

    Leave a comment:

No activity results to display
Show More
Working...
X