Employer asking about the extra paydays.

[Universal]

Our withholding order says "$1,240.00 a month". Since I get paid every other week, naturally we have 2 months of the year that we collect 3 checks instead of 2. My employer has asked if he should withhold from that "3rd check" or not. Any input from others paid the same way?
I don't want any payment to appear late, but I also don't want to pay more to the credit bastards that I have to.

[jsperk]

I get paid every two weeks and money comes out of every paycheck for bk payment.

[Universal]

Usually the employer withholds $620.00 twice a month; maybe the better idea would be to withhold 1/3 each payday on the 3 payday months, instead withholding 1/2 out of two and giving me all the third????

[andy158]

The amount of witholding takes into account the "extra" pays. Your payment plan is based on 26 pays per year. Don't let you employer adjust it.

[Universal]

Ok, thanks. I probably should have known that, as why would they allow me to have any extra. Darn. Just hoping I guess. Thanks for input.

[SMinGA]

Depends on what is withheld & how its paid.

If you have 1/2 of a month's payment withheld per check - then no you should not owe 'extra'. But if you have 1/26th of a year's payment withheld per check - then yes deduct as usual.

Is your plan confirmed @ $1,240 per month? If so, you should be able to work with your atty to have the wage order adjusted to be ($1,240 x 12) / 26 = $572.31 deducted per paycheck based on 26 pay periods per year.

Or is your plan $620 per pay period, paid bi-weekly, so $620 x 26 = $16,120/yr or $1343.33 a month?

[Universal]

The confirmation order says Payment Amount: $1,240 per month
Period of Payments: 60 months
Total Payments: $74,400.00 or such other amount required to pay all allowed claims in full.
So, in a normal 2 payday month, $620.00 is withheld from each check, for a total of $1,240.00 a month.
Is that of any help in advising?
Thanks

[SMinGA]

If you're paid every 2 weeks then you should have had the wage order set up as $1240 x 12 / 26 per pay check. Afterall, your income/expenses for the plan were based on average monthly pay and not your pay for 4 weeks at a time.

Since it was not done that way - you should be fine to leave it at deducting $1,240 per calendar month. But it would not hurt to call your atty and ask...

The confirmation order says Payment Amount: $1,240 per month
Period of Payments: 60 months
Total Payments: $74,400.00 or such other amount required to pay all allowed claims in full.
So, in a normal 2 payday month, $620.00 is withheld from each check, for a total of $1,240.00 a month.
Is that of any help in advising?
Thanks

[debtinohio]

My wage order looks like this:

Deduction:$2,000.00 MONTHLY
Weekly: $461.54
Bi-Weekly: $923.08
Semi-Monthly: $1,000.00

They were given all the options!

[Universal]

Okie doke. Here is attorney's answer:

Confirmation Order is for $1,240.00 a month.
$1,240.00 x 12 is $14,880.00 a year divided by 26 paydays would be $572.31 a pay day.
But, the actual deduction was not set up that way at work. I merely requested $620 deduction from each check. I never thought about the multiplying, dividing, etc.
Per Attorney I can have deductions made on the extra paydays per year and maybe finish up a couple of months early, or keep the extra checks.
Not knowing what could happen down the road, while things are still okay for now, I will opt to go ahead and deduct from the extra pay and maybe stay ahead.