What Is ‘Disposable Income’ in Chapter 13 Bankruptcy?

I’ve stated regularly on this Web site that a chapter 13 plan is paid out of a debtor’s disposable income, some of which must go to the unsecured creditors in New York bankruptcy. But what is the definition of “disposable income”? It’s more technical than one might think, and more surprisingly it won’t be found …

What Is ‘Disposable Income’ in Chapter 13 Bankruptcy? Read More »