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    Question regarding income

    I'm self employed and filing Chapter 13, and I understand that the court needs my previous six months of business income and expenses. Problem is, my income is semi seasonal and drops off considerably in November/December/January, while July & August are my biggest income months (and also my biggest expense months, too, but not enough to completely offset the extra income).

    Is there anyway to request the court to take this into consideration and look at 12 months of income? Because if I calculate my income from February-July, it looks like I make around $3-4k/year more than if you look at the 12 months, which then gets put into the plan even though the money really isn't *there*.

    #2
    Can you wait a couple of months to file? Or maybe in January, when it is slow?

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      #3
      I could, since there is nothing that is pressing right now. But now that I've made the decision to do this, I really want to file and get on with it. The stress of having it over my head will take it's toll on me mentally, I fear. Not to mention the stress of 30 phone calls a day from creditors I simply can't pay right now

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        #4
        Well theoretically, they are supposed to consider the "totality of the circumstances", but I think it really depends on your trustee and your judge and how flexible they are. I'm sorry I can't be of more assistance, but I hope you are able to find out for sure. Good luck!

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