Victory for Ch. 13 debtors at US Sup. Court Article

[Pandora]

Dont know if anyone posted this already..but... FYI for those of us in CH. 13's.

http://askmethner.com/victory-for-chapter-13-debtors-at-u-s-supreme-court/

[sheilaE]

VERY interesting! Is this in effect everywhere and starting now?

[HHM]

Yes, this was a U.S. Supreme Court Decision, so it applies to every district.

[Universal]

Is it retroactive in any fashion?

[HHM]

Is it retroactive in any fashion?

Not sure exactly...but, what you can probably do is go ahead and "modify" the plan under section 1329 and redo your payment as necessary under the new guidelines.

[NeedOptions]

I plan to file in a couple months. What kind of proof would they need to determine forward looking income? Obviously, I won't have any check stubs to determine this.

[researchnerd]

I plan to file in a couple months. What kind of proof would they need to determine forward looking income? Obviously, I won't have any check stubs to determine this.

Not sure what your situation is, but if you can't show some kind of steady income then you may not be able to file Ch13.