If you are a sales rep and have to use your own money to travel weekly $500-$600 and also must have money for plane tickets if home office wants you to fly somewhere. How is that handled in a chapter 13? I mean if you don't travel you will lose your job. Has anyone had any experience with this type situation?
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How is it handled in which respect? I assume you are reimbursed for the expenses, so it would be neither income nor expense. Not sure what you're asking.Originally posted by ahall View PostPay no attention to anything I post. I graduated last in my class from a fly-by-night law school that no longer exists; I never studied or went to class; and I only post on internet forums when I'm too drunk to crawl away from the computer. -
This can be a sticky situation because of course you will not be able to have a credit card to fund these expenses and travel expenses, as you know, can run into the thousands. Unless you are able to float the cost of hotels, flights, etc. on a debit card, it can be a big problem. You can come clean with your employer and have them obtain for you a company credit card on which to put your expenses or you can possibly utilize a relative's credit card and when reimbursed by your employer for the expenses ensure the relative gets the money to put back into the account. In any event, I would discuss with your attorney before doing anything._________________________________________
Filed 5 Year Chapter 13: April 2002
Early Buy-Out: April 2006
Discharge: August 2006
"A credit card is a snake in your pocket"Comment
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chapter 13 ?
With regard to travel expenses for a job. We use our money and yes it is reimbursed only to be used again. We have to have the money to spend we have no cc-so How can we have the money in a chapter 13-since we can't use it as an expense? I just wondered if anyone else had this situation. We have to have the money to spend? or no jobComment
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The money is simply an asset -- either as cash on hand or as an account receivable. You will have to find a way to exempt it or the trustee will want you to pay an equivalent amount through your chapter 13 plan.Originally posted by ahall View PostPay no attention to anything I post. I graduated last in my class from a fly-by-night law school that no longer exists; I never studied or went to class; and I only post on internet forums when I'm too drunk to crawl away from the computer.Comment
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Unfortunately this type of situation makes budgeting even more difficult. If you cant put aside a cushion in which you would be one trip ahead (so to speak) then you'll need to talk to your employer about it.Filed Chapter 13 02/2006 - Confirmed 05/2006 - Discharged 09/2011
I'm not an attorney. My replies are merely suggestions or observations, not legal advice. As always, consult with an attorney before making any decisions.Comment
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I'm in sales as well and this did cause a problem for me as well. I never did tell my company but I was able to work out a "cash advance" system with them. I gave them my estimate cost of the plane, hotel and food for each trip. They gave me the money and then I booked the trip. When I did my expenses each month, I would have to deduct the amount of the advance. Hope this helps!Comment
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