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If I file for Chapter 13 will I have any money left over each month after I make my payment to the trustee? What about money for emergencies such as unexpected medical expenses or car repairs?

April 26, 2017Chapter 13 emergencies file Left money month payment Trustee unexpected

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If I file for Chapter 13 will I have any money left over each month after I make my payment to the trustee? What about money for emergencies such as unexpected medical expenses or car repairs?

1 Answer

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10 Posted

You will submit a budget of your income and expenses to the Chapter 13 Trustee which will be approved by the bankruptcy court. This budget will have already accounted for anticipated reasonable expenses.