Results 1 to 3 of 3
  1. #1
    Join Date
    Jun 2011
    Location
    Mobile,AL
    Posts
    1

    Default Reduction of Chapter 13 Payments After Child Support Ends

    My question involves bankruptcy in the state of: Alabama
    wouldbe interested to know if my Ch 13 payment can be reduced now that my child support payments have stopped.My annual salary is $60,000.child support payments were $12,000/yr.

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: Reduction of Chapter 13 Payments After Child Support Ends

    The child support was not included in your disposable income for the determination of your repayment plan so its cessation does not affect the plan.

  3. #3
    Join Date
    Sep 2010
    Posts
    478

    Default Re: Reduction of Chapter 13 Payments After Child Support Ends

    I will have to respectfully disagree with Mr. K. While the child support was not included for purposes of Form 22 and 1325(a)(2), as a practical matter it probably was included in her Schedule I and does support the OP's ability to make her Plan payments. The problem she faces is whether or not, without the inclusion of the support, she can afford to complete her Plan as proposed. Can she reduce her Plan yield? Maybe, maybe not. What is she paying for - mortgage arrears, a car, taxes, etc? If nothing was going to unsecured creditors, unless she gives up something, the Plan yield cannot be reduced and she will have to find replacement income. She needs to discuss this with her attorney.

    Des.

    1. Sponsored Links
       

Similar Threads

  1. Support Arrears: Increasing Arrears when Child Support Ends
    By CaliforniaFrancis in forum Child Custody, Support and Visitation
    Replies: 1
    Last Post: 05-27-2011, 11:27 PM
  2. Child Support Never Ends
    By RAH7734 in forum Child Custody, Support and Visitation
    Replies: 2
    Last Post: 04-14-2011, 09:00 AM
  3. Chapter 13: Chapter 13 and Child Support Payments Received
    By kld4397 in forum Bankruptcy Law
    Replies: 1
    Last Post: 02-05-2011, 02:50 PM
  4. Getting A Reduction In Child Support Payments
    By lizmolik in forum Child Custody, Support and Visitation
    Replies: 51
    Last Post: 02-06-2008, 08:47 PM
  5. Chapter 13: Income Reduction and Effect on Chapter 13 Payments
    By idontwannalosemyhome in forum Bankruptcy Law
    Replies: 3
    Last Post: 11-05-2007, 09:09 PM
 
 
Sponsored Links

Legal Help, Information and Resources