Szabo Law Group, P.A. Florida. Bankruptcy, immigration and real estate attorneys

Miscellaneous and Early Payoff

Miscellaneous and Early Payoff

Bankruptcy law assumes a reasonable lifestyle, not the filer’s actual lifestyle, most people must live frugally under a Chapter 13 plan. Also, your disposable income is not static. The amount you’re expected to pay can change throughout your repayment period. If the court agrees, the court will deny the early payoff and likely require you to increase your payments to reflect your additional income. -> Read more about it here.