Why would you have to include the income of others living with you.....

[debtsucks]

when their income doesn't pay for your living expenses? For us, we are a family of five living with my in-laws. Their income is basically social security, 1200 a month and it pays for the mortgage. We contribute 500 to pay for the utilities, and odd and end stuff. The rest of our income pays for our own bills and a whole house full of groceries. So if I have to include their income, then does that mean I get to use the full 1200, and whatever the amount is for utilities in my expenses?

[asti]

Social Security and other funds that are under the Social Security Act are exempt

[Flamingo]

Living with your inlaws frees up expenses for you as you are not making rent or mortgage payments. You have a "household" and all income that comes into that house is consideired household income. The only time SS or disability income would not be considered is if your inlaws were filing. It will probably have to be counted as household income for your situation. As always, get competent legal advice as to your situation.

[nokia123]

i had too include my son 800.00 a month for rent, my lawyer said it's income into my checking account. He said when i go to the meeting i could explain it to the trustee.

[klandsb]

I had to include my 20 yr old sons income .... But on the expenses I listed his expenses like motorcycle insurance, car insurance, cell phone bill, recreation ect ...So in the end my income only went up $ 110 a mth after taking off his expenses...

P.S. If I had to do it over again I would think about not even mentioning he lives with me... He could move out tomorrow , I very rarely see him (we work different shifts) ... He sleeps here and thats about it....I do his laundry but its just the 2 of us so it makes a full load

[debtsucks]

When we went to talk to our lawyer, they asked us about our living situation. We told them that we live with our in-laws and that we contribute 500 cash and plus whatever here and there. They didn't seem to blink an eye, and they didn't even mention about us having to claim it on our filing. It wasn't until I started reading stuff on here, that I even thought about how it may come about in the bk filing. I understand the whole part about our expenses being freed up, but even with that being freed up we are still in the negative, not by much but we are. It doesn't seem fair that I have to claim there money even though it isn't going into my checking and it isn't paying any of my bills. We are actually helping each other out. If it weren't for us being here, they wouldn't be able to afford the house. All this stuff confuses me. It seems the more I read on here the more uneasy I get about even claiming bk.

[ghk3rd]

Confusing my ancient old mind also .

Still doubtful anent filing. If I include everyone in household (census figures ) I get six people,with a combined gross income of 180,000. If everyone deducts their entitled debts,we are still negative approx 10,000 per month.

We seperately and jointly pass means test . I must be doing something wrong ??? How can this be .
Do all filers get to deduct all expenses,or just their own ???
Are these expenses doubled if 2 entities file ?
We all owe mtg -each gets to deduct 4K on means test ????
We all buy food,does each get 6 member deduction,if not how is it divided ??? I am about to 4get the whole thing and just live underground with my paper checks . Too confusing .

[asti]

When we went to talk to our lawyer, they asked us about our living situation. We told them that we live with our in-laws and that we contribute 500 cash and plus whatever here and there. They didn't seem to blink an eye, and they didn't even mention about us having to claim it on our filing. It wasn't until I started reading stuff on here, that I even thought about how it may come about in the bk filing. I understand the whole part about our expenses being freed up, but even with that being freed up we are still in the negative, not by much but we are. It doesn't seem fair that I have to claim there money even though it isn't going into my checking and it isn't paying any of my bills. We are actually helping each other out. If it weren't for us being here, they wouldn't be able to afford the house. All this stuff confuses me. It seems the more I read on here the more uneasy I get about even claiming bk.

According to my understanding income that is used towards an expense from another regular source must be added to your income. If that income is received under the social security act, there's a different area for its submission to the paperwork. Say the rent/mortgage is 1200 You pay 600.00 and the roommates pay 600.00 - thats all of their income that needs to be recorded.... which is probably why the attorney didn't seem to blink an eye over your situation.

[AngelinaCatHub]

Still doubtful anent filing. If I include everyone in household (census figures ) I get six people,with a combined gross income of 180,000. If everyone deducts their entitled debts,we are still negative approx 10,000 per month.

We seperately and jointly pass means test . I must be doing something wrong ??? How can this be .
Do all filers get to deduct all expenses,or just their own ???
Are these expenses doubled if 2 entities file ?
We all owe mtg -each gets to deduct 4K on means test ????
We all buy food,does each get 6 member deduction,if not how is it divided ??? I am about to 4get the whole thing and just live underground with my paper checks . Too confusing .

Are you having a "class action" filing of bk? What do you mean six of us? Who is or wishes to file? Yes my old mind can't keep up with your old mind. Is it me, or ye? LOL.

Explain a bit further as now I too am confused and may go back to my rubber, err paper checks. 'Hub

[debtsucks]

So am I just over thinking this? Now my hubs doesn't even want to claim the bk until we are living on our own, which may not be until late spring. I don't mind waiting because it will look better on our bk if the whole rent and utilities are coming out of our pocket. I'm just worried that we may get sued by then. We are already 90 days late on everything. He is afraid that some how his parents will get in the middle of this and he doesn't want them know about our bk. He is also afraid that some how it will mess up his parents income, like the trustee will report it to soc sec that we are helping with the rent/mort, and they take money away from his parents.

I really do not know what to do. I hate calling my lawyer because we don't talk to the lawyer we talk to a paralegal or whatever they are.

[asti]

Still doubtful anent filing. If I include everyone in household (census figures ) I get six people,with a combined gross income of 180,000. If everyone deducts their entitled debts,we are still negative approx 10,000 per month.

We seperately and jointly pass means test . I must be doing something wrong ??? How can this be .
Do all filers get to deduct all expenses,or just their own ???
Are these expenses doubled if 2 entities file ?
We all owe mtg -each gets to deduct 4K on means test ????
We all buy food,does each get 6 member deduction,if not how is it divided ??? I am about to 4get the whole thing and just live underground with my paper checks . Too confusing .

I think you might indeed be going at it wrong...
I don't see how 6 people can file jointly...
total mortgage is divided by 6 people (as an example; 1000.00 total YOU pay 200.00 and a regular payment of 800.00 is received by you from the rest - but your actual output is only 200.00 - the income of the 800.00 will be accounted for by the total rent of 1000.00)
total (house) utilities divided by 6 people
each lists their own credit cards/cell phone/loans/monthly personal expenses
Unless everyone pitches in 100.00 a month for food for a mass purchase, I would think each listing their own allotment would be a better approach

There are lots of good posts and stickies to read on the forum.... !

[asti]

So am I just over thinking this? Now my hubs doesn't even want to claim the bk until we are living on our own, which may not be until late spring. I don't mind waiting because it will look better on our bk if the whole rent and utilities are coming out of our pocket. I'm just worried that we may get sued by then. We are already 90 days late on everything. He is afraid that some how his parents will get in the middle of this and he doesn't want them know about our bk. He is also afraid that some how it will mess up his parents income, like the trustee will report it to soc sec that we are helping with the rent/mort, and they take money away from his parents.

I really do not know what to do. I hate calling my lawyer because we don't talk to the lawyer we talk to a paralegal or whatever they are.

Well, the simplest thing to do is relax and just start reading... here is the link to the bankruptcy courts and the forms, there is a glossary for terms and other information.
http://www.uscourts.gov/

Here is an online means test also has information and help guides.
http://www.legalconsumer.com/bankruptcy/nolo/index.php
As for the folks finding out, when the collections start the phone will be ringing - things happen don't let it worry you... and they won't be getting in any trouble from SS - I take it no-one is running around in fur coats with diamonds dripping off them...
Everyone is just getting by, right? nothing to worry about...

[ghk3rd]

Are you having a "class action" filing of bk? What do you mean six of us? Who is or wishes to file? Yes my old mind can't keep up with your old mind. Is it me, or ye? LOL.

Explain a bit further as now I too am confused and may go back to my rubber, err paper checks. 'Hub

Six members in household (according to census ). I am single,my daughter is married,they have 2 dependent children,one non dependednt son also,that makes six. I have retirement income,married people have 2 incomes,children have 2 incomes . Added together that makes 180,000 in gross income for family total. I understand it all must be entered on means test . True or untrue ?
To furthur complicate matters,non - depedent son owns car and it takes all of his income so he doesn't contribute to family expenses.

Additionally dependent daughter is on diet and buys her own food ,can she still be claimed on food allowance ?
Is the family 1 for me to file or 4 for them to file or 2 for me to add son since I buy his food ? He pays nothing but his car ... I'm still confused about family size and income for means test ...Paper cks mean no BK cause I am judgement proof -just fed retirement .

[ghk3rd]

Getting too damned old incipient senility rapidle approaching . My main problem relates to family size and median income . In Maryland family of 1 is 55K family of six is 110 K big difference .. What is a family,irs says dependents,census says residents .. Which to use ???

[debtsucks]

Thanks, I read those links. I guess where I am confused or over thinking it is, if I have to claim the in-laws income, then do I also have to show THEIR proof of income or I just state it?