I am a bankruptcy attorney and I would be happy to assist you. When filing for Chapter 7 bankruptcy relief in Michigan, a single filer must make under $45,029.00 per year (GROSS), if filing after May 1, 2013. This is set by the US Department of Justice. The bankruptcy court
determines this amount and whether you qualify by examining Form 22A. Form 22A is called the "Means Test
." The government has set allowances for the Means Test. To determine your income the Court reviews the look back period of six months. The trustee is required to review your paystubs from the last paystub you received before filing to six months backwards.
So, in your case you would take the last pay stub you received in July and look at the ytd gross amount. Then take the last paystub you received in January and look at the gross amount. For example) if you received year to date $20,000 gross on the last paystub in July. And your last paystub in January said gross ytd earnings of $2,500.00. Then your gross income for the 6 month look back period would be 20,000 - 2,500 = $17,500, divide that by 6 and you have $2,916.66, now multiply that by 12 and you get = $34,999.99. This would qualify you for bankruptcy since this annual amount is under the $45,029 limit!!!
Ok, now to answer the rest of your question. Schedule I should state your income minus all the deductions for the month in which you file (July)...so just input the cumulative amounts from all your paystubs in July. Schedule J
is your typical monthly budget. Schedule J should account for almost every dollar you get on Schedule J. You want to make your budget meet your income. If you have money (for ex-$100.00) disposable income left over on schedule J, there is no need to worry!!! Your case can only be converted based on you failing the means test (form 22A). If you have $1,000 a month left over on schedule J as disposable income, then you probably haven't inputted your budget right. Think about every dollar you spend and make sure it is listed.
Lastly, congratulations on receiving job offers!!! If you receive a new job after filing bankruptcy, you are free to accept it. The trustee can not convert your case if you start to make more money after filing bankruptcy. In fact, if you won the lottery today you would still be just fine in your bankruptcy! What matters is the six months before the day you file, not a day after. This is because you had no idea that you were going to get a new job after filing bankruptcy.
You can find the 6 month look back law here at Section 10(a):
You can find the majority of bankruptcy laws in Title 11 of the Bankruptcy Code.
I hope my answer has assisted you and that you will provide me a positive rating!