Do late fees count?

ToughSpot

Member

Bankruptcy Newbie

Joined: Oct 2009

Posts: 42

State: California
#1

Do late fees count?

05-03-2010, 07:48 PM

I am filling out the forms for my attorney and trying to decide. If I regularly pay the late fee on my mortgage can I use that in my total for expenses or do I need to use just the regular payment amount?

Thanks,
TS
Tags: None
lrprn

Senior Member

Bankruptcy Guru

Joined: Apr 2006

Posts: 9546

State: Kansas
#2

05-03-2010, 08:45 PM

Originally posted by ToughSpot View Post

I am filling out the forms for my attorney and trying to decide. If I regularly pay the late fee on my mortgage can I use that in my total for expenses or do I need to use just the regular payment amount?

You need to use the regular payment amount.

I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.

06/01/06 - Filed Ch 13
06/28/06 - 341 Meeting
07/18/06 - Confirmation Hearing - not confirmed, 3 objections
10/05/06 - Hearing to resolve 2 trustee objections
01/24/07 - Judge dismisses mortgage company objection
09/27/07 - Confirmed at last!
06/10/11 - Trustee confirms all payments made
08/10/11 - DISCHARGED !
10/02/11 - CASE CLOSED
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