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  1. #1
    Join Date
    Jun 2009
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    2

    Default Chapter 13 , 401k Loan, Child Support Calculation

    My question involves child support in the State of: New York ( Not city )

    I am the CP and soon to be the NCP. I gross 860.00 wk. I have a chapter 13 bankruptcy of 150 wk and a 401k loan of 140 wk taken directly out of my paycheck. Do either of these ( bankruptcy or 401k loan ) affect the support calculations ? After taxes, medical and such I have about 300.00 net left over to pay bills. Does my wifes income affect this ?

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

    Default Re: Chapter 13 , 401k Loan, Child Support Calculation

    Your child support is based upon your income less certain deductions (e.g., Medicare, Social Security, and New York City or Yonkers tax), not your general expenses. Here's a simple calculator.

  3. #3
    Join Date
    Jun 2009
    Posts
    2

    Default Re: Chapter 13 , 401k Loan, Child Support Calculation

    17% is 140, so my net paycheck would be 30 -40 dollars a week? Would the judge really do this knowing that is not even enough to pay for gas to travel to work in a week? Maybe my best bet is to talk with a lawyer.

    Thanks

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