Payments while in bankruptcy
March 10th, 2007 by Questions
How are the calculations of your payments done while you are in bankruptcy? I see a lot of posts regarding “surplus” income. What if I don’t have any “surplus”. My family’s living expenses are only just barely covered by my income and I am not making any payments on my debts or interest. The only non-necessity left that I can cut off is internet, which I have not done so far because the kids seem to need it so much for school assignments. Any small surplus that I have each month (ie: 50-75 dollars) I have to save for unexpected bills (car breaks down) or infrequent payments (yearly parking bill), so they aren’t really surplus they are just not owed yet. What type of payments will I be expected to make?