Anonymous
Anonymous
Posts: n/a
Credits: 0


Sub: #1 Pro Se: Wages and Exemption
Replied on 05-13-2009, 03:02 PM
Reply With Quote

Re: Ch. 7
I just read something that sort of freaked me out. We are filing Ch 7 next week the day before payday for both of us. So we will have like $500 in the bank at the time. That is what I am listing on my exemptions for the bank account.
My question is about the 75% exemption on earnings for the 30 days prior - since I will not have any of our earnings left but $500, that is all I am exempting right. This 30 days prior thing is throwing me off - do I need to list our paychecks from the 30 days prior (even though there was no disposable income after we got them and paid things)?

Do I need to list the last 30 days of paychecks on my exemptions, and subsequently only be exempt on 75% -or did I read this article wrong?

I have felt 100% confident in pro se up to this point. Ugh.




Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump



All times are GMT -8. The time now is 10:09 PM.





* Disclosures:
  • By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  • Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
  • Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  • Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  • The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 0.047 seconds.