This seems really odd when i run the numbers but I think I can explain it later. First off I need to qualify for a 13 because I want to strip my 2nd. 1st is 144,000 real value probably 120,000 or less it's an old farmhouse and the basement wall in one area is collapsing/crumbling. I was stupid 6 yrs ago and got a 2nd for 26,000 and put 25,000 toward CC debt I paid monthly min on it till Nov 09 finally throwing in the towel on it. quit paying CC's ($30,000) 32 months ago and have not been sued yet, DW has 15,000 CC debt and stopped paying the same time I did and GEMB got a judgement on her last year.
I am above the median for OH by $650 monthly I filled out the online calculator on legalconsumer website and according to that I'm neg $787 monthly. I used the numbers that were provided except for housing and utilities which is actually $600 higher and telecommunications internet and sat tv at $220. 2 vehicles no payments
How will this affect my plans to do a 13?? according to these numbers I can't afford a 13. But the way I can do it is the allowable ammount is above what i actually need I do all my own car maintenance wear my clothes till they're falling off my back and have my own garden and eat on the cheap. Anyone with some answers please help I don't want to BK if I can't include the 2nd and i want to keep my house I'm getting close to 1/3 of the way through my mortgage and don't want to toss it away now.
I am above the median for OH by $650 monthly I filled out the online calculator on legalconsumer website and according to that I'm neg $787 monthly. I used the numbers that were provided except for housing and utilities which is actually $600 higher and telecommunications internet and sat tv at $220. 2 vehicles no payments
How will this affect my plans to do a 13?? according to these numbers I can't afford a 13. But the way I can do it is the allowable ammount is above what i actually need I do all my own car maintenance wear my clothes till they're falling off my back and have my own garden and eat on the cheap. Anyone with some answers please help I don't want to BK if I can't include the 2nd and i want to keep my house I'm getting close to 1/3 of the way through my mortgage and don't want to toss it away now.
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