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For a Chapter 13 Wage Earner bankruptcy, you'll need a stable income with disposable income (income left over after you pay the bare necessities of life such as shelter, food and utilities). You must have no more than $922,975 in secured debt (debt involving property that your creditor might take if you don't make your payments) and $307,675 in unsecured debt. These amounts are adjusted periodically to reflect changes in the consumer price index. The court filing fee is $274. Following are the steps in the Chapter 13 Wage Earner Bankruptcy process: The process begins similarly to a Chapter 7 bankruptcy proceeding, with the filing of a petition by the debtor in the federal Bankruptcy Court. In addition to a list of creditors and a schedule of assets and liabilities and a schedule of current income and current expenditures, the debtor must also file a "Statement of Financial Affairs".

courtsey:

http://www.debtgonow.com/moreinfo.html

http://bankruptcy.lawyers.com/Chapter-13-Wage-Earner-Bankruptcy-Basics.html

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Q: How do you file for the Wage Earner plan?
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Related questions

What is a wage earner plan?

It's another name for a chapter 13.


What is a wage earner?

A wage earner is a person who earns a wage, especially one which supports a household.


What does letter number at end of medicare number mean?

The letters refer to the status of the claimant: wage earner, spouse of wage earner, child of wage earner, etc.


What are the letters and meanings on Medicare card?

The letters after the Medicare claim number refer to the status of the claimant: i.e., wage earner, spouse of wage earner, child of wage earner, etc.


What does the suffix letter at the end of a medicare number stand for?

The letters after the Medicare claim number refer to the status of the claimant: i.e., wage earner, spouse of wage earner, child of wage earner, etc.


What does all the letters stand for at the end of medicare numbers?

The letters after your Medicare claim number refer to the status of the claimant: i.e., wage earner, spouse of wage earner, child of wage earner, etc.


Meaning of letter A at end of medicare claim number?

'A' refers to the wage earner's account (vs. the wage earner's spouse and/or minor dependent children, etc., who might also qualify for SSA based on the wage earner's record).


What is wage Earners?

A wage earner is a person who earns a wage, especially one which supports a household.


What is the example of corporation in business ownership?

A wage earner at a company


Is there a place online where a wage earner can go estimate their tax refund?

Yes, you can use turbo tax. You dont have to file the return, but you can see your estimated refund. Turbotax.com


Do wage earners have to worry about LLC tax returns?

Filing a LLC tax return is required of any LLC operating in the United States. If you are just an wage earner that does not own a business, then you would not have to file a LLC tax return.


What does the letter A mean in front of Medicare number?

Usually those letters are at the end of the Medicare claim number. "A" refers to the wage earner on whose record Medicare eligibility is based (versus, e.g., the wage earner's spouse).