allowed to keep 10% of income?????

[jolida72]

What is the name of your state? ny. I'm thinking about filing chapter 7 for my husband and have been doing some research. found out that ny allows you to keep 90% of your income. does this mean that each pay period they will take 10% of his check and where would it go.? we have no assets to speak of and there is already a 10% garnish on his wages with 3 more waiting. will a stay put a stop to the garnishes already in effect? any response would be welcomed. thank you

 

[Ladynred]

It is highly unlikely that any wages will be touched. Anything you make AFTER you file is not part of the bankruptcy estate and therefore not a concern for the BK court.

BK WILL stop the garnishments and all funds taken for up to 90 days prior to your filing will be returned.