schedule I & J bankruptcy paperwork

Schedule I & Schedule J of the Bankruptcy Petition

, , Bankruptcy Schedules, Schedule I, Schedule JTerrance Leeders

Schedule I & Schedule J of the Bankruptcy Petition are two of the required schedules in a bankruptcy petition, which is the formal document filed by a debtor to initiate a bankruptcy case. They provide information about the debtor's income and expenses, respectively, and play a critical role in determining the type and success of a bankruptcy case.

Schedule I, also known as the "Statement of Current Monthly...

I is for Income

Income, means test, Schedule ILeave a commentTerrance Leeders

Income.  So many topics to cover.  Schedule I is where income is listed in a bankruptcy petition. The Means Test Form 22a and Form 22C (chapter 7 or chapter 13 respectively) computes disposable monthly income too.  This is a 6 month average of all household income leading up to the case, along with allowable deductions for taxes, insurances, and set amounts based on where the debtor lives.All income must be disclosed in a bankruptcy case.   This includes child support,...