Expenses on means test - what is considered excessive?
Date: Thu, 06/18/2009 - 13:32
I understand the main items are from the census bureau and you use those figure.
There are other items on the list that I am not sure would be considered excessive. My husband is the only one with a job and we are just over the mean income by 7k for a family of 5. Our debt is over 100k - ouch! Due to job loss, loss of home and living off credit cards while unemployed.
Anyway, I am currently unable to work due to depression/anxiety(figures, right) but we do pay for childcare as I cannot watch my children full time. Our childcare per month is $625.00 and taken out of husband's paycheck as it's through work. Is this excessive? If we can include this, we pass the means test and file Ch 7 as we have no assets and rent.
What were you able to put on your expenses and justify. I have two special needs children that may require(not every year) treatments and therapy that we have to pay out of pocket. It just depends and it's not a monthly occurrence.
Thanks for your help!
Help please :)
There are other items on the list that I am not sure would be considered excessive. My husband is the only one with a job and we are just over the mean income by 7k for a family of 5. Our debt is over 100k - ouch! Due to job loss, loss of home and living off credit cards while unemployed.
Anyway, I am currently unable to work due to depression/anxiety(figures, right) but we do pay for childcare as I cannot watch my children full time. Our childcare per month is $625.00 and taken out of husband's paycheck as it's through work. Is this excessive? If we can include this, we pass the means test and file Ch 7 as we have no assets and rent.
What were you able to put on your expenses and justify. I have two special needs children that may require(not every year) treatments and therapy that we have to pay out of pocket. It just depends and it's not a monthly occurrence.
Thanks for your help!
Help please :)
I think that since that is not an expense that has a pre-determi
I think that since that is not an expense that has a pre-determined amount, you would list what you pay. For 2 kids, especially depending on where you live & that they are special needs children, that seems like a reasonable amount to me. I used to pay $400/mo for my 1 daughter.
Just keep in mind I am NOT an expert, I'm just now wading through the filing process myself -- I'm sure others will be along later that may be able to better answer your ?.
