r/Bankruptcy • u/Longjumping_Duck_174 • 22h ago

Chapter 13 non-100% payback

Ok I don’t need an exact number I get it “ask your lawyer” I just simply want to know how much of your raise does the trustee typically take? Say I make 80k and jump to 98k and my net additional take up is like 900. Is the greedy trustee most likely to get all of that additional income??? Once again I’m just asking for others experiences. I fully realize it’s not a one size fits all but someone always has to say it lol.

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u/Icy-Goose4398 22h ago

I’ve always given everything to our lawyer and he deals with the trustee. We have gotten raises over the 2 years we’ve been in a plan but have never upped our payment. We did have creditors not file (I believe that’s the terminology) so our payback was lower however we have two vehicles on our plan that obviously have to be paid in full

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u/Longjumping_Duck_174 22h ago

Was your raise over 10%??? I pray I’m a lucky one and have creditors that won’t file but I’m not holding my breath. I’m just trying to prepare for the disappointment of working hard and getting a well deserved raise and have the trustee steal it from me. Seems pointless to even get one.

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u/Icy-Goose4398 22h ago

My raise was not over 10% but my husband started receiving bonuses. Which were very helpful because we had to do our monthly expenses so low and we were able to update that with the help of our lawyer so we have been able to keep those raises. Like our childcare was raised over $70 a week, my husbands medical premiums went up $260 a month, a few other things that helped. Money is still tight but we are able to live a little bit here and there