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Help!!! Schedule I Question

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    Help!!! Schedule I Question

    I have a question about what income to use for my husband on Schedule I. He was injured 01/02/10 and had knee surgery. He is scheduled to be out of work until 04/26/10 and is currently only getting short term disability payments. However, he will be going back to work in May at 40 hours a week at his regular pay. So do I use his income RIGHT NOW, or what we will expect him to make after going back to work?

    #2
    You use his average income from the past six months. Not what you expect him to make.
    Filed: July 31, 2009
    341: September 4, 2009
    60 days: November 3, 2009
    DISCHARGED!: November 6, 2009

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      #3
      I thought you used the 6 month average previous income on the means test, but schedule I specifically states to use the income you expect now and going forward. So does that mean RIGHT NOW which would be disability amount or does it mean what we expect to be making normally?

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        #4
        No that would be:

        SCHEDULE J - CURRENT EXPENDITURES OF INDIVIDUAL DEBTOR

        You would use the 6 month average for SCHEDULE I
        Filed Chapter 7: 06/09/09
        341 Meeting: 07/16/09
        Discharged: 09/21/09
        Case Closed: 09/25/09

        Comment


          #5
          Originally posted by DebtStinks View Post
          No that would be:

          SCHEDULE J - CURRENT EXPENDITURES OF INDIVIDUAL DEBTOR

          You would use the 6 month average for SCHEDULE I
          Not correct. Schedule I is CURRENT INCOME. not recent average. You are also obliged to indicate any expected changes.

          IF I were the OP I would use his STD as his income as there is no certainty he will return to work on 4/26.
          Well, I did. Every one of 'em. Mostly I remember the last one. The wild finish. A guy standing on a station platform in the rain with a comical look in his face because his insides have been kicked out. -Rick

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            #6
            Originally posted by OhioFiler View Post
            Not correct. Schedule I is CURRENT INCOME. not recent average. You are also obliged to indicate any expected changes.

            IF I were the OP I would use his STD as his income as there is no certainty he will return to work on 4/26.
            Filed Chapter 7: 06/09/09
            341 Meeting: 07/16/09
            Discharged: 09/21/09
            Case Closed: 09/25/09

            Comment

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