Does the EZ-Filing bankruptcy forms software calculate a target monthly payment amount for a Chapter 13 plan?
It makes an initial calculation: If you have completed the information in the Edit Income and Expenditures window (thereby completing Schedules I and J) prior to accessing the Chapter 13 Plan window, EZ-Filing uses the monthly excess as the initial plan payment amount. However, once you edit the monthly payment amount on the Calculator tab in the Chapter 13 Plan window, the excess no longer takes priority. The monthly excess is the difference between the monthly expenses and the monthly income, which the EZ-Filing program automatically calculates.
Related Questions
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