Originally posted by backtoschool
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Median Family Income for OH will drop
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All folks who are struggling with the uncertainty of what their income will be 6 months from now or if they will have a job that pays alot in 3 or 5 years, must now do whatever it takes to get themselves under the median before they file so as not to end up in a chapter 13 plan. That is modern day debtors prison, especially with the bleak economical picture facing this country. Imagine having to do a 13 and you have to keep dealing with lawyers and trustees because of changing job situations or loss of income. That would be hell for me. Once was enough.
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Originally posted by dakota112 View PostAll folks who are struggling with the uncertainty of what their income will be 6 months from now or if they will have a job that pays alot in 3 or 5 years, must now do whatever it takes to get themselves under the median before they file so as not to end up in a chapter 13 plan. That is modern day debtors prison, especially with the bleak economical picture facing this country. Imagine having to do a 13 and you have to keep dealing with lawyers and trustees because of changing job situations or loss of income. That would be hell for me. Once was enough.
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Originally posted by OhioFiler View PostEvery six months the median income tables are updated.
I expect median incomes to drop regularly so long as Obama and his cronies are running things in Washington.
This mess started long before Obama was elected by the majority of the people.
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Originally posted by OhioFiler View PostI think it's important to help readers understand why the numbers used by the bankruptcy courts are changing and what to expect if one is considering delaying filing.
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Originally posted by helpmeout View PostThis drop and this economy is the result of 8 years of Bush and his cronies running things in Washington.
This mess started long before Obama was elected by the majority of the people.
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