Hi
Sometimes the more I read the more confused I get.
I understood that in a 13 as long as the creditors are better off than if you filed a 7 and you are paying all your priority debts your payment amount is determined strictly by your income - expenses.
Does the amount of your income matter in a 13? I have a relatively high house payment but without my unsecured debt I can easily pay the payment and all my bills. If my DMI is between 500 and 600 and everything else is covered, does my income level matter?
Thanks
Sometimes the more I read the more confused I get.
I understood that in a 13 as long as the creditors are better off than if you filed a 7 and you are paying all your priority debts your payment amount is determined strictly by your income - expenses.
Does the amount of your income matter in a 13? I have a relatively high house payment but without my unsecured debt I can easily pay the payment and all my bills. If my DMI is between 500 and 600 and everything else is covered, does my income level matter?
Thanks
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