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Consumer Bankruptcy : Chapter 7, Chapter 13, Protection From Claims of Creditors
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Old 11-05-2003, 01:00 AM
mooner
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Is there a list of expenses somewhere?


What is the name of your state? MI

Does anyone know... Has anyone put together a list of often overlooked expenses one can use when filing Chapter 7? And possibly what one can list for the "normal" allowable amounts. For instance, I am a single male and don't have a clue what I spend on food per month. Is there an allowable amount which doesn't raise eyebrows? I have searched the internet but come up empty.

As always - thank you!
  #2  
Old 11-05-2003, 11:55 PM
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Join Date: Feb 2003
Location: TX
Posts: 338
There's an excellent list of expenses that can be input as a daily or yearly amount and the worksheet converts it to a monthly equivalent for filing purposes.

Go to [url]http://www.ca-bankruptcy-attorneys.com/calculators/expense_calculator.html[/url]

Once you have your list of expenses, write them down and go to the following site:

[url]http://www.conjur.com/misc/7vs13LatestRev2.xls[/url]

Input your monthly expenses into that worksheet along with your total debt and net household income. There you'll be able to check your status regarding your likelyhood of Ch 7 or Ch 13.
  #3  
Old 11-12-2003, 01:38 AM
mooner
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Thank you, Elmo-1.

Excellent sites.

For others that may be lurking: The spreadsheet is in Excel format I believe (xls) but may be imported into MS Works or most any other spreadsheet program.

Thanks again, Elmo-1. Much appreciated!
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