Re: bankruptcy and disposable income

Posted by introuble (65.122.209.14) on July 27, 2004 at 01:40:46:

In Reply to: Re: bankruptcy and disposable income posted by Aimee on July 27, 2004 at 00:39:51:

Since you have been through this, maybe you
can explain this for me. When we talk about
disposable income, does that mean before
bankruptcy or after? I am so confused by all of
this. I will have disposable income if the
bankruptcy goes through but I will continue to
be in the hole every single month if it doesn't.
Do you know what I mean? Does this
disposable income mean that once
bankruptcy is over, I should still barely have
anything? I'm going to be honest about
numbers here. With my current bills and all
the stuff I have to pay, I have about $300 for the
month to buy food, clothes, and pay for
activities for my kids. I get paid monthly and
during a typical month, we live on less than
$35 for that last week and that's for food. God
forbid my car should need gas, because I
don't have the money for it. If bankruptcy goes
through I will have about 900 to pay for food,
clothes, and the "extra stuff". I pay, right now,
$859 a month in credit card bills and most of
them are still past due because I can't pay the
minimum and late fees add up. That is not
counting the 13K I owe W&A on the MBNA
accounts.

Sorry for the length, but if I were to go through
BK and ended up having some money left
over each month, does that mean it won't go
through?

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