My Story.. (long and rambling)

[BrokenBrklyn]

One last question, will it look bad if I take a cashier's check out today for my rent for Jan 1st today?

Otherwise I will have no way at all to pay rent because I'm not excepting any money in any time soon.

[DSIG]

he will probably go off of what is reported on the 6-month schedule. That was also officially filed with the court and not projected earnings. Is your tax return over the past 2 years consistent with what you filed for your 6-month earnings? If your income is about the same, he will assume that this year you will make what you made over the last 2 years + inflation. If there is a large gap in income between the years, then there may be questions. Your district is probably busy. I doubt your trustee is going to scrutinize your case this much.

[DSIG]

One last question, will it look bad if I take a cashier's check out today for my rent for Jan 1st today?

Otherwise I will have no way at all to pay rent because I'm not excepting any money in any time soon.

you're paying for rent, its not as if you are just blowing it on holiday gifts. If you can account for how you spent your money and the spending is reasonable, this is more important than how much you spent. Worse case you show the accounting trail. Make a copy of the cashiers check before you send it in for rent. I'm sure there is a memo section where you can write 'January Rent' or whatever. That should be sufficient if it even comes up.

[BrokenBrklyn]

The tax return from last year is fairly consistent with what I've reported. Maybe looks a little higher. I had less money come in before business expenses this year, but less business expenses because 1, credit cards are pretty much needed for what I do and i haven't been using those, 2, I don't want to do this anymore as a career and have just been doing small jobs/assisting to get by, 3, the market is shit.

Overall, it'll be close to about the same what I made last year and the income statement is in line with last year's taxes.

2007 was the worst, I barely made anything because I was building a portfolio and barely took any paid work.

[BrokenBrklyn]

Thanks, DSIG!

[DSIG]

your good on the income if its been steady based on your returns. Your trustee will take your 6-month figure x2 and compare it against your historical returns. If it was less this year he may ask if you have other sources of income, seeing that last year you made more. Having been through the 341 just a tad south of where you live, I am in NJ, I'll tell you that its like a manufacturing line--you are in and out. My trustee had a calculator with him to verify the numbers and that was it. I think they know where the fat is and they know which documents really count. Sometimes its not about all the little receipts, but the big picture--your returns and paystubs or proof of income.