QUESTION
As a tipped employee, when filing bankruptcy, how much should my debt to income ratio be considering what I make on paper doesn't cover expenses
Asked on Aug 10th, 2014 on Bankruptcy - Maryland
More details to this question:
I owned a business that went under. Now have to file bankruptcy. My current tipped income doesn't show on paper that I make enough to cover my expenses...If my bills are, for example, $1000 and I only show on paystub as tips $800, how should I list it?
1 ANSWER
Bankruptcy Attorney serving Burbank, CA
Partner at
Law Office of Mark J. Markus
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3 Awards
You are required to list all income received. The fact that it doesn't show on paper is irrelevant.
Answered on Aug 10th, 2014 at 12:37 PM