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    One time bonus questions

    I just filed on 11/15 and my lawyer told me that my 1 time bonus payment on the 6 month look back had to be included in the income, which caused my payment to be at least 200 a month higher than it should have been. To me, its a catch 22, as if I make my payment for a good 6-8 months, then ask for the payment to be reduced because income has dropped, the trustee could turn around and say that I can afford to make it as I had been prior.
    Ch 7 filed 8/15/11 341 9/22/11 Discharge 11/28/11
    The rebuilding begins

    #2
    Originally posted by jetsfan2010 View Post
    I just filed on 11/15 and my lawyer told me that my 1 time bonus payment on the 6 month look back had to be included in the income, which caused my payment to be at least 200 a month higher than it should have been. To me, its a catch 22, as if I make my payment for a good 6-8 months, then ask for the payment to be reduced because income has dropped, the trustee could turn around and say that I can afford to make it as I had been prior.
    I wonder if you pointed your attorney toward this case if they could make it apply to your case. I ask because I am at the top of the salary for my position and will recieve a lump sum payout instead of a raise, but of course I would like to keep it for reserves.
    Then again if it occurs every year then I guess it will likely be considered regular income.
    11/23/'10-filed ch 13. 1/6/'11-341, confirmed. Below median. Plan completed 11/30/2015. DISSCHARGED 4/4/2016.JP

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