I have a chpt. 13 question on behalf of a relative (i filed 7, so I'm not quite sure about some of the 13 stuff). Is the repayment amt. based on the last 6 months income or the present income. My brother made just over the median income based on the last 6 months and has to file 13. But he just got a new job and makes a whole lot more. He will make approx. 80,000 over the next year (comission based sales), but only made a little over the median in the calculations. Thanks!
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Originally posted by cindylynnsmith View PostI have a chpt. 13 question on behalf of a relative (i filed 7, so I'm not quite sure about some of the 13 stuff). Is the repayment amt. based on the last 6 months income or the present income. My brother made just over the median income based on the last 6 months and has to file 13. But he just got a new job and makes a whole lot more. He will make approx. 80,000 over the next year (comission based sales), but only made a little over the median in the calculations. Thanks!I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.
06/01/06 - Filed Ch 13
06/28/06 - 341 Meeting
07/18/06 - Confirmation Hearing - not confirmed, 3 objections
10/05/06 - Hearing to resolve 2 trustee objections
01/24/07 - Judge dismisses mortgage company objection
09/27/07 - Confirmed at last!
06/10/11 - Trustee confirms all payments made
08/10/11 - DISCHARGED !
10/02/11 - CASE CLOSED
Countdown: 60 months paid, 0 months to go
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