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Payroll Deduction

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    Payroll Deduction

    I am currently paid semi-monthly (15th and last day of month). My Ch 13 payment is taken out of my check each pay period. My company has decided to change the salary employees from semi-monthly to bi-weekly. My gross is 2040 per pay check. When the company changes to bi-weekly it will be 1880 per pay check. How will this affect my BK payment? Will the trustee adjust the amount that is deducted since my gross per pay period will decrease by about $160?
    Filed CH 13 4/21/08
    Discharged 5/29/13

    #2
    You will need to check with your attorney and/or payroll as to this because it all depends on what the trustee requested your employer to do as to withholding from your wages. You will now have 26 pay periods instead of 24. Your income is not reduced just spread out more over a year period. You have a set monthly Plan payment. Give your attorney a call.
    _________________________________________
    Filed 5 Year Chapter 13: April 2002
    Early Buy-Out: April 2006
    Discharge: August 2006

    "A credit card is a snake in your pocket"

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