I have a few questions regarding the means test: Do I include any personal loans I have in the means test? What does it mean if something is allowable? Like $526 for living expenses? What if my expenses are less than that? Do I still put $526?
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The Means Test
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For the means test, you still put $526. On schedule J you'll put your actual expenses.
Do not include personal loans anywhere, those will be wiped out in bankruptcy.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....
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