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Terry L.
Terry L., Attorney
Category: Bankruptcy Law
Satisfied Customers: 2597
Experience:  Better Business Bureau. 18yrs bankruptcy experience. Chicago Bar Assoc. American Bankruptcy Institute member.
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Im looking for clarification on the Subpart C Deductions for

Customer Question

I'm looking for clarification on the Subpart C Deductions for Debt Payment in the Chapter 7 Means Test. Specifically, can I include 100% of the mortgage payment due on a home I co-own with another person (non-spouse)? Both myself and the other party are on the deed and mortgage - and both plan on filing bankruptcy separately. If I include only 1/2 of the mortgage, I am unsure whether I will pass the Means Test.

In addition, AFTER my bankruptcy is granted, can the other party file bankruptcy claiming 100% of the mortgage since my portion will have (hopefully) been discharged?
Submitted: 3 years ago.
Category: Bankruptcy Law
Expert:  Fran-mod replied 3 years ago.
I'm Fran, and I’m a moderator for this topic.

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