Bankruptcy Law Questions? Ask a Bankruptcy Lawyer Now.
I've read the following on a number of lawfirm websites.....your answer seems inconsistent with this. Can you explain?
The Bankruptcy Code requires that the debtor contribute his or her projected disposable income toward the plan payments for the first three years (36 months) of the plan. Although the Code imposes this requirement only when the trustee or a creditor demands it, in reality the trustee always requires it, at least at the beginning of the plan. Whether changes in salary will change the payment plan depends on a complete consideration of all of the relevant circumstances.