Do you fill out schedule I as everything stands right now or do you use the numbers from the last six months? I was unemployed in October and made less money at my job. Now I make more money which makes it seem like I have a lot of disposable income but I don't. So do I use the information from the past year or my current information?
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Average of the past 6 months goes into the means test, but current/actual onto schedule I. That is my understanding at least.
However - try to be realistic in your expenses also. If you were previously spending very little on food, clothing, etc. (because you didn't have it to spend) its ok to put reasonable amounts now on schedule J/expenses.Get mortgage modified: DONE! 7 months of back interest payments amortized, payment reduced over $200/mo
(In the 'planning' stage, to file ch. 13 if/when we have to.) -
^^^ yep. Schedule I is CURRENT income. Lookback is just for means test calculations.Filed Chapter 13 on 2-28-10. 341 completed 4/14/10. Confirmed 5/14/10. Lien strip granted 2/2/11
0% payback to unsecured creditors, 56 payments down, 4 to go....Comment
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