At what time during or after chapter 7 could a person start working overtime without any issue to the BK?
top Ad Widget
Collapse
Announcement
Collapse
No announcement yet.
overtime pay
Collapse
X
-
Depends on a couple things. Since you are actually asking, I presume you did not forecast OT on your schedule J correct? That being the case, I would not necessarily make income changes until your actual discharge. However, if your case is straight forward and simple, that it will not warrant a second look from the trustee and UST, then you "should" be safe post 341.Stopped paying: 08/10, Filed CH7: 08/27/10 , 341 & No Asset Report: 10/6/10, Last day to object: 12/06/10, Discharged: 12/07/10, Closed: 12/08/10
AHEM.....NOT AN ATTORNEY, NOT ADVICE, ETC, ETC
-
Really? Do I have to wait until the case close to start working overtime? So does it mean whatever my income is after filing will still be counted? I thought bk is a snapshot of your financial, not a movie.Filed chapter 7 Jul 13, 2010 341 hearing Aug 12, 2010 Trustee's report of no distribution Aug 20, 2010 Discharged Oct 13, 2010 Closed Oct 28, 2010.
Comment
-
Originally posted by wnguyen View PostReally? Do I have to wait until the case close to start working overtime? So does it mean whatever my income is after filing will still be counted? I thought bk is a snapshot of your financial, not a movie.
All that being said, again, if you have a basic case that does not warrant attention, you should be ok post-341.Stopped paying: 08/10, Filed CH7: 08/27/10 , 341 & No Asset Report: 10/6/10, Last day to object: 12/06/10, Discharged: 12/07/10, Closed: 12/08/10
AHEM.....NOT AN ATTORNEY, NOT ADVICE, ETC, ETC
Comment
-
Sorry Joe. You're right. I guess even though I read your whole post but the rest faded away when I saw "... until your actual discharge." That was a knee jerk reaction when I'm anxiously waiting for the discharge.Filed chapter 7 Jul 13, 2010 341 hearing Aug 12, 2010 Trustee's report of no distribution Aug 20, 2010 Discharged Oct 13, 2010 Closed Oct 28, 2010.
Comment
-
Originally posted by psx402 View Postthe overtime would be for like a month or so then down to 40-45 again. My pay history shows brief swings of overtime with longer periods of 40-45 hours. This still places me about 12 grand under the state median on the means test for 6 people in michigan.Stopped paying: 08/10, Filed CH7: 08/27/10 , 341 & No Asset Report: 10/6/10, Last day to object: 12/06/10, Discharged: 12/07/10, Closed: 12/08/10
AHEM.....NOT AN ATTORNEY, NOT ADVICE, ETC, ETC
Comment
-
I wouldn't be concerned regarding overtime. If you regularly worked overtime prior to filing it is already included in the proper schedules. It was explained by my attorney that unanticipated overtime would not be an issue.
Prior to my filing I had to work Thanksgiving Day and worked approximately 14 hours as overtime. After filing I had to work Christmas Day and New Years Eve and New Years Day and worked approximately 24 hours overtime in those three days. None of it became an issue.Chapter 7 filed December 11, 2009, 341 Meeting held on January 7, 2010
Deadline to File a Complaint: March 8, 2010
Discharged and Closed March 11, 2010
Comment
-
Our attorney had DH sign an affidavit saying that OT had been banned since May and he had no knowledge of it returning anytime in the foreseeable future. He did say we could possibly be required to bring paystubs to the 341 just to show he still wasn't working any.
The alternative was to include overtime on our schedules even though he wasn't working it. The issue with that is I had no way to "prove" we were spending money that we actually didn't have.
Comment
bottom Ad Widget
Collapse
Comment