I asked my attorney if I need to turn in tax returns into the trustee. I know we are allowed to keep $1600 of our taxes refund and turn over the rest, but we do not need to turn in the actual paper returns as I have read alot of you on this board do.
So, how do they know if you have a change in income? If I decide to get a second job, do I need to just tell them or just go on about my business, lol.
I guess Im having a difficult time understanding how it is regulated. Are all trustees different? How do they know if one makes 100k this year as opposed to the 90k they were making the year before? (that was totally hypothetical..I wish I made 90k, lol).
I have a job now that is strictly "as needed" basis. I am a fill in person. Some weeks, I have 0 hours...some weeks, I can work a full 40. We figured my income on a 6 month average. Now, if I got a second job with permanent pay...say 20 hours a week..and keep the as needed position as well..that will probably raise my income a bit. Not much...maybe about 400 a month. How does the trustee know that and how big of an increase needs to be reported?
I just want to make sure I am doing everything correctly. I dont want to do something and have them think I am playing the system or hiding income. I honestly asked the attorney and she said something to the effect of "whatever happens after the confirmation hearing is fine...as long as you fly under the radar". Seems like she is saying make my payments and keep my mouth shut, LOL!
What if my husband gets a raise? Just keep my mouth shut? Seems shady, but all my creditors are just unsecured creditors and I probably don't want to give them more than what they are allotted anyway, right?
Thanks!
So, how do they know if you have a change in income? If I decide to get a second job, do I need to just tell them or just go on about my business, lol.
I guess Im having a difficult time understanding how it is regulated. Are all trustees different? How do they know if one makes 100k this year as opposed to the 90k they were making the year before? (that was totally hypothetical..I wish I made 90k, lol).
I have a job now that is strictly "as needed" basis. I am a fill in person. Some weeks, I have 0 hours...some weeks, I can work a full 40. We figured my income on a 6 month average. Now, if I got a second job with permanent pay...say 20 hours a week..and keep the as needed position as well..that will probably raise my income a bit. Not much...maybe about 400 a month. How does the trustee know that and how big of an increase needs to be reported?
I just want to make sure I am doing everything correctly. I dont want to do something and have them think I am playing the system or hiding income. I honestly asked the attorney and she said something to the effect of "whatever happens after the confirmation hearing is fine...as long as you fly under the radar". Seems like she is saying make my payments and keep my mouth shut, LOL!
What if my husband gets a raise? Just keep my mouth shut? Seems shady, but all my creditors are just unsecured creditors and I probably don't want to give them more than what they are allotted anyway, right?
Thanks!
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