Ok we are on the verge of chapter 7/13 most likely 13. Right now I am not working but what happens if I go back to work. Do they make us pay more. I am dealing with some health issues but not receiving any disability.
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Filing January 08.
When a mistake becomes a lesson was it really a mistake? -
If you do wind up in Ch 13, and you were to go back to work, your Plan payments could increase. Depending on your initial %'age of payback. If it's less than 100% to Unsecureds, then most likely your payments would increase.
If your Plan payments are increase, you'd be allowed "reasonable costs" for working. Gasoline/transportation, clothes if needed, childcare if needed, and such. But any "disposable income" beyond what the Trustee considers "reasonable" for obtaining work will be taken for your Ch 13 Plan.Filed Ch 7 - 09/06
Discharged - 12/2006
Officially Declared No Asset - 03/2007
Closed - 04/2007
I am not an attorney. My comments are based on personal experience and research. Always consult an attorney in your area to address concerns related to your particular situation.
Another good thing about being poor is that when you are seventy your children will not have declared you legally insane in order to gain control of your estate. - Woody Allen... -
I think it depends on the trustee. I was told by my attorney that if I were to go back to work, the payments would not increase.I used to have a life, now I have grandkids.Comment
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I am a seasonal tax preparer and was told it didn't matter if I worked.It would not affect our plan or payments.Comment
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