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scorpion35
Senior Member
Bankruptcy Contributor
Joined:
Mar 2010
Posts:
454
State:
Florida
#1
reasonable expenses
05-08-2010, 06:59 PM
how much do u think is reasonable for 2 adult people?
Food
gas for 2 cars
entertainement
house maintenance
etc etc
Filed chapter 7 on 9/17
341 on 10/20
Chapter 7 Trustee's Report of No Distribution on 10/21
Discharged and Case Closed on 12/21/2010
HHM
Senior Member
Bankruptcy Wizard
Joined:
Dec 2004
Posts:
14347
State:
Private
#2
05-08-2010, 07:02 PM
That is a bit vague, where do you live, how much do you earn per month?
The Answer: as little as possible.
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scorpion35
Senior Member
Bankruptcy Contributor
Joined:
Mar 2010
Posts:
454
State:
Florida
#3
05-08-2010, 07:57 PM
Originally posted by
HHM
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That is a bit vague, where do you live, how much do you earn per month?
The Answer: as little as possible.
live in south florida
married filling alone
monthly income from both is around $4400 gross
thanks
Filed chapter 7 on 9/17
341 on 10/20
Chapter 7 Trustee's Report of No Distribution on 10/21
Discharged and Case Closed on 12/21/2010
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HHM
Senior Member
Bankruptcy Wizard
Joined:
Dec 2004
Posts:
14347
State:
Private
#4
05-08-2010, 08:06 PM
Okay, so the question is, for what purpose, for BK, or for budgeting in general.
In general, you should probably be spending no more than $440 per month on food (including eating out).
Rent Mortgage should not exceed $880
Food $440
Transportation (including car payment) $440
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scorpion35
Senior Member
Bankruptcy Contributor
Joined:
Mar 2010
Posts:
454
State:
Florida
#5
05-08-2010, 08:33 PM
Originally posted by
HHM
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Okay, so the question is, for what purpose, for BK, or for budgeting in general.
In general, you should probably be spending no more than $440 per month on food (including eating out).
Rent Mortgage should not exceed $880
Food $440
Transportation (including car payment) $440
for BK purpose
my car payment is $336(ford F-150) and gas is around $150 monthplus insurance $200 for 2 cars
thanks
Filed chapter 7 on 9/17
341 on 10/20
Chapter 7 Trustee's Report of No Distribution on 10/21
Discharged and Case Closed on 12/21/2010
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