Both me and my husband and are going to have to file for bankruptcy. We are going to do this at the end of the month. I understand that for a family of four your wages are allowed to be $3339. Is that amount before or after deductions?
thank you
Cost of Bankruptcy
Posted on Wednesday, May 14, 2008
posted by Questions @ 8:53 am
1 Expert Comment:
At May 20, 2008 |
6:04 am
, Barton Goth GCO Bankruptcy Trustees Said...
The $3339 you quoted was the figure for a family of four from the 2007 Superintendent Guideline, the value for 2008 is 3413. In terms of before of after taxes, it is the after tax and after non-discretionary expense (i.e. child support, maintenance, court fines and penalties, child care etc.) amount that is applied in the calculation.
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