My attorney has asked for my monthly budget. Could someone please
tell me what this is used for. I know the trustee will want to see if
any debts could be repaid out of the monthly budget, but is it also
used to "dictate" to the debtor what they should or should not be
spending money on, or to stop the debtor from making what could be
construed as "luxury" purchases?

If a debtor uses only cash for all living expenses, does this change
the picture?

Thanks,

mirella

Mirella:

In your bankruptcy schedules, you are required to submit a
budget. Your lawyer will then go over it with you, and should let
you know if there are any areas that could cause problems.

--
Brett

************************************************** ***************
* Personal Injury/Malpractice Bankruptcy *
* *
* BRETT WEISS, P.C. *
* Attorneys at Law *
* Maryland, D.C. and Federal Bars *
* lawyer@erols.com *
* http://www.erols.com/lawyer *
* *
* Small Business Estates & Estate Planning *
************************************************** ***************

The Small Print: This response is for discussion purposes only.
It isn't meant to be legal advice and you shouldn't treat it as
such. If you want legal advice, speak with a local lawyer
familiar with your state's laws who can review *all* of the facts
and the law applicable to your situation.
************************************************** ***************


"mirella" <mirellac_2000@yahoo.com> wrote in message
news:8ecc28df.0307200830.29703c79@posting.google.c om... My attorney has asked for my monthly budget. Could someone
please tell me what this is used for. I know the trustee will want to
see if any debts could be repaid out of the monthly budget, but is it
also used to "dictate" to the debtor what they should or should not
be spending money on, or to stop the debtor from making what could
be construed as "luxury" purchases? If a debtor uses only cash for all living expenses, does this
change the picture? Thanks, mirella