What do you think...

[Naomi]

Nothing really to add...just wondering about the $160/ month for tobacco.
Can people really use that as an expense?

[25andbroke]

Nothing really to add...just wondering about the $160/ month for tobacco.
Can people really use that as an expense?

Filed 6/11/09
341 7/22/09
Last day 9/22/09

[Naomi]

So, was that a yes?

I don't have any tobacco expenses so didn't know if that one would go through.

Good luck with everything.

[DustinLH00]

Did you file a Chapter 7? Can I ask what your disposable income ended up being? Im just looking for comparisons. Good luck!

Filed 6/11/09
341 7/22/09
Last day 9/22/09

[25andbroke]

-175 a month failed the means test.

[DustinLH00]

So your income was over the median and you had -$175 on the means test? How did you get it to be negative? I am barely over the median and cant get the means test to be negative even though I have a $1200 mtg payment and $500 car payment. Again, just asking for comparison. Thanks!

-175 a month failed the means test.

[jribe]

NY state median is $45,525 for a single. I thought the look back for income is 6 months before your file date and not based on future earnings? Could be wrong? Is the OP legally ok to file before he recieves a commission check?

to the OP:

Please keep in mind that the 14k comission check may not be counted as "income" for your six months, since you'll receive it after you file..

BUT.. You will HAVE to cover it with exemptions. Or the trustee will gladly take it.

Just because you have already filed- does not mean that you can receive large paychecks/comissions and expect to keep them.

I'm in CA- so i don't know the exemptions for NY - but please find some to cover that! I've worked in sales, and i understand how tough it can be..

And expensive housing! lol. California and New York are right up there!

Good luck

[25andbroke]

to the OP:

Please keep in mind that the 14k comission check may not be counted as "income" for your six months, since you'll receive it after you file..

BUT.. You will HAVE to cover it with exemptions. Or the trustee will gladly take it.

Just because you have already filed- does not mean that you can receive large paychecks/comissions and expect to keep them.

I'm in CA- so i don't know the exemptions for NY - but please find some to cover that! I've worked in sales, and i understand how tough it can be..

And expensive housing! lol. California and New York are right up there!

Good luck

I'm going to buy an engagement ring a new bed and get ahead on my car payment. That should do it.

[25andbroke]

So your income was over the median and you had -$175 on the means test? How did you get it to be negative? I am barely over the median and cant get the means test to be negative even though I have a $1200 mtg payment and $500 car payment. Again, just asking for comparison. Thanks!

Use laundry dry cleaning medical gifts charity pet expenses you can't go bonkers but 30-50 dollars per adds up.

[ecsclb1724]

I would think an engagement ring would also have to be covered with exemptions.

[DustinLH00]

Did you file with an attorney?

Use laundry dry cleaning medical gifts charity pet expenses you can't go bonkers but 30-50 dollars per adds up.

[hopeforus]

exactly. it's not like something lavish like a ring is going to turn exempt once you spend the cash on it. You will still need to exempt it.

[LuciluS]

I'm going to buy an engagement ring a new bed and get ahead on my car payment. That should do it.

Haven't filed Yet; however, I asked our BK Attorney if we could pay 'ahead' on Dh's truck payment. He said the Trustee would frown upon making future car payments.

My personal opinion: Buying an Engagement ring would not be a wise move during your BK process. Legalities? - Asset or Exemption.

Luci

[25andbroke]

I would think an engagement ring would also have to be covered with exemptions.

I filed and its not listed will that be an issue???

[25andbroke]

so dont pay ahead on car. do a big food shopping. I filed yesterday i cant exempt a future asset can i??