Ok I read this forum hours per day but hardly ever post. My filing date is next Tuesday and I need opinions other than my Attorneys and I value all the knowledge on this forum.
Here is my info:
Family of 5 in MA. filing joint.
$3800 under median.
160k unsecured
389k mortgage on a home worth about 360k that I plan on keeping.
Have not used any credit cards in 10 months (me) and 2 years (my wife)
Monthly income from Schedule I=$6019.74
Monthly expenses from schedule J= $6491.26
Monthly deficit=$471.52
Expenses
Mortgage=$2189.24
Electricity and heating fuel=350
Land line phone=$35
Cable, Internet, 3 cell phones=$208.32
Home Maintenance=$308 ( I know this is high but the home has termite damage and needs a new septic system)
Food=$1200 (this includes school lunches for 3 teens and work lunches)
clothing=$225
Laundry and Drycleaning=$50
Medical and Dental=$450
transportation=$500 ( we both travel 96 miles round trip each, we work in the same place but different shifts)
recreation=$100
homeowners=$105
life=$104
Disability=$98.04
auto ins=$165 ( we have a 17 yr old on the policy)
RE taxes=$277.66
haircuts, misc=$125
I have documentation for every item above except home maintenance.
Even though my Attorney says I have nothing to worry about I am paranoid especially about the amount of unsecured debt I have.
I greatly appreciate this forum! its been a life saver.
Here is my info:
Family of 5 in MA. filing joint.
$3800 under median.
160k unsecured
389k mortgage on a home worth about 360k that I plan on keeping.
Have not used any credit cards in 10 months (me) and 2 years (my wife)
Monthly income from Schedule I=$6019.74
Monthly expenses from schedule J= $6491.26
Monthly deficit=$471.52
Expenses
Mortgage=$2189.24
Electricity and heating fuel=350
Land line phone=$35
Cable, Internet, 3 cell phones=$208.32
Home Maintenance=$308 ( I know this is high but the home has termite damage and needs a new septic system)
Food=$1200 (this includes school lunches for 3 teens and work lunches)
clothing=$225
Laundry and Drycleaning=$50
Medical and Dental=$450
transportation=$500 ( we both travel 96 miles round trip each, we work in the same place but different shifts)
recreation=$100
homeowners=$105
life=$104
Disability=$98.04
auto ins=$165 ( we have a 17 yr old on the policy)
RE taxes=$277.66
haircuts, misc=$125
I have documentation for every item above except home maintenance.
Even though my Attorney says I have nothing to worry about I am paranoid especially about the amount of unsecured debt I have.
I greatly appreciate this forum! its been a life saver.
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