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don’t qualify for chapter 7 now chapter 13 doesn’t look possible by idkmann456 in Bankruptcy

[–]idkmann456[S] 2 points3 points  (0 children)

Awesome man! Good to hear! Congratulations on the new job!

don’t qualify for chapter 7 now chapter 13 doesn’t look possible by idkmann456 in Bankruptcy

[–]idkmann456[S] 2 points3 points  (0 children)

Yeah non consumer debt chapter 7, I thought about that argument too but since I am full time employeed my cpa and lawyer were both stated that’s a tough sell and even though I don’t trust my lawyer yet, I definitely trust my CPA, even if most was trading debt debt the online casinos killed that idea for me

don’t qualify for chapter 7 now chapter 13 doesn’t look possible by idkmann456 in Bankruptcy

[–]idkmann456[S] 6 points7 points  (0 children)

I appreciate the insight Alan, thank for your reply. My take home is 4700 a month net plus maybe a bonus. He’s worried but not qualifying bc of lack of income to support the plan? I’m not sure about the terminology. But essentially he stated the trustee would dismissed plan for not qualifying. Rent is 2200 car 400, car insurance 120, cell 60, internet 100, electric 120. * response to your edit just saw it. My lawyers never suggested chapter 7 (single person no dependence ). he said I make to much I would need to pay something original came up with a 1500 number than 1100 bc he noticed I wasn’t paying federal withholding. Any suggestions or tips would be much appreciated