Change of jobs

[dego2274]

My financial situation has been bad for some time as I am loaded with cc and loan debt, all unsecured. My company sold in October and I retained a position with the new company. Unfortunately I had to quit after 10 weeks due to medical and personal issues related to my job. I got lucky and got another job this week, however it is a massive pay cut. I want to file a chapter 7 because my current income will not exceed the median. Will this be a problem? Will they go by my new current income? I also have a small Dj business with about 5000.00 worth of equipment. This will provide some income so my question on this is will I be able to keep it? Any advice would be greatly appreciated, Thanks

[newbie2]

The more time you can put between the higher income and your new jobs income the better.

Your DJ equipment may be considered "tools of the trade" since you are claiming the income from your DJ jobs. I don't know about your states exemptions for that category, always ask an attorney about this.