means test
Date: Sun, 06/21/2009 - 15:30
i have a rental house that i break even on . with the rent i get i pay the mortage how will this affect my income on the means test.
You need to mention your income from rent under Sl no 5 of part
You need to mention your income from rent under Sl no 5 of part II of BK form B22A and your mortgage payments under Sl no 20B of Part V of the form. The means test does not necessarily take into account the fact that your rent income goes towards your mortgage payments. Under means test your total income and total expenditures (deductions under IRS) will be considered to enable you to qualify for Ch 7 bankruptcy.
what about child support my wife gets 280.00 per month does that
what about child support my wife gets 280.00 per month does that count as income . or is there a way to cancel that out as income.
That counts as income as well, there is a specific category for
That counts as income as well, there is a specific category for it.
