Sure could use some input....
I know of the 6 month 'lookback' period, ect., ect....as it pertains to income and qualifying for chapter 7. Despite of my 'knowledge' I need some of the forum members valued opinions. Here is the scenario:
I had planned to file for bk right about the beginning of this year, but....at the end of last year I against all 'wisdom' took out a larger amount of $'s out of my small IRA. and at the beginning of this year yet another amount. Foolishly I spent both amounts without anything to show for.....
The 2 withdrawals put me into an over the limit catagory for both, the means test and also the 6 month look back and really does not make it possible for me to file until August at the earliest.
**** My only REGULAR income consists of SS only. ****
Here is what I am wondering : Do I REALLY have to wait until August to file ? Would they REALLY put me into a chapter 13 based on the last 6 month of average income that includes the 2 stupid withdrawals even though the regular income of Social Security BARELY pays my expenses ?
I know of the 6 month 'lookback' period, ect., ect....as it pertains to income and qualifying for chapter 7. Despite of my 'knowledge' I need some of the forum members valued opinions. Here is the scenario:
I had planned to file for bk right about the beginning of this year, but....at the end of last year I against all 'wisdom' took out a larger amount of $'s out of my small IRA. and at the beginning of this year yet another amount. Foolishly I spent both amounts without anything to show for.....
The 2 withdrawals put me into an over the limit catagory for both, the means test and also the 6 month look back and really does not make it possible for me to file until August at the earliest.
**** My only REGULAR income consists of SS only. ****
Here is what I am wondering : Do I REALLY have to wait until August to file ? Would they REALLY put me into a chapter 13 based on the last 6 month of average income that includes the 2 stupid withdrawals even though the regular income of Social Security BARELY pays my expenses ?
Comment