Hi everyone,
I was hoping someone could tell me how long it takes for the trustee to change my payment amount in chapter 13 after i receive a raise in income. I just filed this year in august, and my payment is pretty low, but my lawyer has already maxed out the IRS national standards for living expenses and says that he will not be able to "hide" much more of my income when i receive a raise. I should be receiving about 700.00 more a month (that is after taxes) when my raise goes into affect in November. He told me that the trustee will look at my tax returns to determine if my income changes, and develop a new payment plan to account for the new income. He said that i should just file a tax extension with the IRS and wait as long as i legally can before filing and sending in the tax form to trustee. I was just curious if anyone else has ever had such a big change in income, and how long it took the trustee to catch it. Any info would be appreciated!
THanks

