Surplus Income Payment
October 10th, 2006 by Questions
I have student loan and have been paying every month. I also owe amounts to credit card companies.
If I was to go banktrupt and still pay my student loan during banktrupcy would it
considered as deduction?
For example, I take home $1900 every month. If I was to pay $200 for my student loan every month, would this $200 deducted from my monthly income (1900-200 = 1700) and report as $1700 take home?