top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

Schedule I and decrease in income

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Schedule I and decrease in income

    Sorry for all the questions, btw. I have retained an attorney, but I keep thinking of all these questions, and I want the answer (or thoughts) as soon as possible to calm my nerves...

    The means test takes into account your income for the previous six months...

    Schedule I is your current income as of the date of filing...

    My issue is this: my firm offered extra work, and I took it when I was struggling to pay all my bills. Had I known I was going to file, I definitely wouldn't have done anything to increase my income. The thing is, this was only temporary extra work, and will be over in February. I noticed that on Schedule I, it states that you can list expected increases or decreases in income. I will be filing in March/April.

    I expect on the date of filing, I will only be receiving my regular salary as the extra work will be over. On Schedule I, I don't have to use the extra pay I earned in the previous months, correct? Because we won't have anymore after February. I just want to make sure the Trustee doesn't think that is regular pay that I can expect and use it to force me into a 13. I would prefer to file ASAP, but want to wait until my income is back to normal.

bottom Ad Widget

Collapse
Working...
X