Is VA Disability income exempt from bankruptcy income claim?
Yes, you can modify your plan payments if there is a change in your economic situation.
If your thinking you no longer have to make payments, your wrong. Your responcibility to the company is the exact same, it doesn't change because they filed for bankruptcy.
I DO NOT KNOW WHAT STATE YOU ARE FROM OR WHAT ATTORNEY YOU HAD. I KNOW MY CAR WAS LISTED AND I MADE PAYMENTS... BUT I KNOW THAT IF I MISSED PAYMENTS, THEY WOULD TAKE MY CAR... SO,NO...IT IS ILLEGAL FOR THEM TO ASK YOU FOR ANY PAYMENTS AT ALL. HOPE IT HELPS?!
Spare change payments was created in 2007.
Its change in consumption over change in disposable income
No
The most significant change to the 1978 statute concerns consumer bankruptcy under the Chapter 7 liquidation provisions.
change in income that is spent. a change in real disposable income that is spent.
There are some new laws that deal with bankruptcy that were passed in 2005. The change the way that one has to go about declaring bankruptcy and how it should be solved.
This is a complex question. In general a bankruptcy will only effect the mortgages if you try to change them some way in the bankruptcy proceeding. This all depends on the chapter you filed, if you are behind on payments, how much the mortgage company wants to work with you, your income / expenses, etc. Speak with an attorney about your specific situation. If you can not find an attorney, contact your local Bar association and they will refer you to one.
Sure
It is called the marginal propensity to consume, or MPC