Category Archives: Expenses

What Happens If I Get Married While In a Chapter 13 Bankruptcy?

In a Chapter 13 bankruptcy, when you add a new person to your household, you are also adding new income, potentially, and new expenses. This can have an impact upon the “net income” available to make a Chapter 13 plan payment, for better or worse.

Click here to read more about the effect of marriage during a Chapter 13 bankruptcy on the new Michigan Bankruptcy Blog of Michigan Bankruptcy Attorneys The Hilla Law Firm, PLLC.

If you are a southeast Michigan resident considering filing for Chapter 7 or Chapter 13 bankruptcy, please contact us at (866) 674-2317 or john@hillalaw.com to schedule a free, initial consultation.

Can I Still Make Charitable Contributions or Tithe in Bankruptcy?

A monthly expense dedicated to regular and documented charitable giving or tithing is an allowed expense under the US Bankruptcy Code.

The effects of this allowance will vary depending on whether your are filing Chapter 7 or Chapter 13, and, depending upon the size of the expense, you may encounter skepticism from US Trustees or Chapter 13 Trustees in the bankruptcy process.

Click here to read more about charitable giving and tithing in bankruptcy on the new Michigan Bankruptcy Blog of Michigan bankruptcy attorneys The Hilla Law Firm, PLLC.

If you are a southeast Michigan resident considering filing for bankruptcy, please feel free to contact me at (866) 674-2317 or john@hillalaw.com to schedule a free, initial consultation.

Is my Mortgage Payment Too High for Chapter 7 Bankruptcy in Michigan?

Whether a mortgage payment is too high for Chapter 7 bankruptcy is a question that will affect an extreme minority of potential Chapter 7 cases, but, when it does, it pays to have the facts available and to have an understanding of who is examining what in your case to make the “too high” determination.

Click here to read more about high mortgage payments and Chapter 7 bankruptcy on the new Michigan Bankruptcy Blog of Michigan bankruptcy attorneys The Hilla Law Firm, PLLC.

If you are a southeast Michigan resident considering filing for bankruptcy, please feel free to contact us at (866) 674-2317 or john@hillalaw.com to schedule a free, initial consultation.

Can I Still Provide Financial Assistance to Elderly Relatives if I File Chapter 7 or Chapter 13 Bankruptcy?

Financial assistance provided on a regular, monthly basis to elderly or dependent family-members outside of your immediate household is an expense that Congress allowed in the drafting of the US Bankruptcy Code. Thus, if it has been your habit to send a few dollars to your grandmother every month to help her with her prescription costs, this is generally not a problem in either Chapter 7 or Chapter 13 bankruptcy—but there are caveats.

Click here to read more about financial assistance to elderly relatives in bankruptcy on the new Michigan Bankruptcy Blog of Michigan bankruptcy attorneys The Hilla Law Firm, PLLC.

If you are a southeast Michigan resident and are considering filing for bankruptcy, please feel free to contact me at (866) 674-2317 or john@hillalaw.com to schedule a free, initial consultation.

Can I Still Pay My Child’s Private School Tuition in a Chapter 13 Bankruptcy?

Private school tuition for a minor child may be a difficult expense to maintain during a Chapter 13 bankruptcy. The amount you are repaying your creditors through your Chapter 13 payment plan will greatly influence the outcome of this questions.

Read more about private school tuition payment and Chapter 13 bankruptcy in Michigan here on the new Michigan Bankruptcy Blog of The Hilla Law Firm, PLLC, Michigan bankruptcy attorneys.

If you are a southeast Michigan resident and are considering filing for bankruptcy, please contact us at (866) 674-2317 or john@hillalaw.com to schedule a free, initial consultation.