http://www.bankruptcylawnetwork.com/2007/12/30/how-can-i-help-prove-my-budget/ Real Lawyers, Real Solutions Tue, 10 Nov 2009 16:34:06 -0700 http://wordpress.org/?v=2.8.6 hourly 1 http://www.bankruptcylawnetwork.com/2007/12/30/how-can-i-help-prove-my-budget/comment-page-1/#comment-29393 Preparing Your Chapter 13 Budget–Part One : Bankruptcy Law Network Tue, 08 Jan 2008 13:08:29 +0000 http://www.bankruptcylawnetwork.com/2007/12/30/how-can-i-help-prove-my-budget/#comment-29393 [...] In a recent discussion among some colleagues here in South Carolina concerning the new IRS standards for living expenses, there was general agreement that the IRS standards for things like food, utilities and household expenses are higher than actual expenses reported by most of our clients. One of the group remarked that maybe the reason so many Chapter 13 cases in our district fail is that people consistently budget too low for basic living expenses. After all, the IRS has been calculating those standards for a long time, and is not generally known for its generosity. (And others, in other districts, have different experiences.) [...] [...] In a recent discussion among some colleagues here in South Carolina concerning the new IRS standards for living expenses, there was general agreement that the IRS standards for things like food, utilities and household expenses are higher than actual expenses reported by most of our clients. One of the group remarked that maybe the reason so many Chapter 13 cases in our district fail is that people consistently budget too low for basic living expenses. After all, the IRS has been calculating those standards for a long time, and is not generally known for its generosity. (And others, in other districts, have different experiences.) [...]

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