Question about gross income & expenses

[Jgoodall08]

I have no clue how to word this...but im meeting with an atty in a week for an initial consult and i plan to have as much of my information with me when i go so i dont have delay this process any further. Im figuring my gross income and my expenses...how do i show that more money is going out than coming in when the difference between the gross pay and the take home pay makes a big difference? We dont contribute to 401k or any of that stuff but if we got our gross pay every week flat out we wouldnt have more going out than coming in. God bless you if this rambling makes any sense to anyone

[newbie2]

When you are listing your expenses make sure you are remembering to include the taxes taken out of your gross pay. (Also health insurance premiums, etc.) Your attorney will look at your paystubs and make sure to include those in your schedule of expenses.

[Jgoodall08]

oh ok the expense sheet that my last TERRIBLE atty gave me doesnt list taxes on it...maybe i should find one more complete. is there an official one some where that the court looks at?

[justbroke]

Yes, there's the Means Test that is called Official Form B22A. But that form may be a little complex for a person not experienced in completing it.

There's also Schedule I and Schedule J. However, they are more an art form than a scientific analysis of your expenses.

[newbie2]

http://www.ilnb.uscourts.gov/forms/Official_Bankruptcy_Forms/B22A.pdf

Scroll down to line 25 and you'll see the entry area for all taxes.

Good luck!

[tcreegan]

Hi Jgoodall,

Do a search on the forum for Schedule J expenses, this will give you an idea of a buncha of stuff you can take to your consults.

Tom in Colo

ps: for some reason my computer is objecting to pm's, have to get one of my kids to figure it out...