Tag Archives: income

Surplus Income

The Short Version Bankruptcy is geared to income just like some rent is geared to income; the more you earn, the more you pay.  You report your income on a monthly basis during your bankruptcy and your payments will be based on your actual average earnings.  Unusual bonuses or irregular income will be averaged. The Longer Version The government decides how much it costs for a family of 1 to 7 people to live on a monthly basis each ...

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