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$37,000 Total Debt - Monthly Payment?

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    $37,000 Total Debt - Monthly Payment?

    I know that I will find out what my monthly payment will be (or at least an estimate) when I meet with my attorney but I wanted to know if anyone has any idea as to what it may be. My total debt (including my husband) is $37,000. We are filing Chapter 13 but do not plan to file 100% - we plan to pay over the next years. Any idea what this may equate to monthly? I live in Georgia.

    #2
    Your payment actually has little to do with your total unsecured debt.
    Your payment will be your total disposable income each month. To get a rough idea of how much that is see this calculator. http://www.legalconsumer.com/means-t...ator/index.php The link for this and other useful tools can be found under "General Bankruptcy" "Links for members". Of course this will only give you a rough idea.
    Your payment also has to do with how much you owe on secured debt and the value of any nonexempt assets you have. For a quick description of assets and a few other tearms see this http://www.bkforum.com/showthread.php?t=55 thread under "Bankruptcy FAQ"
    Filed: 10/26/2006
    Discharged: 03/05/2007
    Closed: 5/19/2008 - Asset case due to balance transfer and income tax refund

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