Not exact matches
My
average monthly dividend
income is now $ 173.77 ($ 521.31 / 3 months = $ 173.77), which is 11.58 % of my
current goal of $ 1,500 / month.
For these people, their sole retirement
income, aside from potential aid from friends and family, comes from Social Security, for which the
current average monthly benefit is $ 1,230.
The analysis will also provide a range of possible
monthly income targets under poor - to -
average market conditions, based on
current and projected retirement
income and assets.
My
average monthly dividend
income is now $ 254.19 ($ 3,050.29 / 12 months = $ 254.19), which is 16.94 % of my
current goal of $ 1,500 / month.
I, the debtor, confess that this has been the only
income until 1 started receiving SSDI since the beginning of the year of 2010 and $ 1384.99 is my
current average monthly living expense and considering that $ 774.00 is the only
income received it has been difficult for me to maintain a healthy standard of living since 2009.
This is because the means test deducts allowed expenses from your
current monthly income (
average income over the last six months).
If a debtor's
current net
monthly income (based on the last six month's
average), less one - sixtieth of secured payments and priority debts, less allowed expenses permitted by the IRS and certain other allowed expenses, is greater than $ 100 per month, the trustee or any creditor can request that you be required to file under Chapter 13.
Current monthly income is defined in 11 U.S.C. § 101 (10A) as the
monthly average of the
income received by the debtor (and the debtor's spouse in a joint case) during a defined six - month time period prior to the filing of the bankruptcy case.
How much is your
current or
average monthly income, and from what specific sources?
Current low housing prices, coupled with historically low interest rates (the 20 year
average is 7 % but a minimum down FHA loan can be had for 4.5 % today), explains why the
monthly mortgage payment on a median priced house bought with a 20 % down payment has fallen to an all - time low of 13 % of the median
income.