Expert: Terry Leeders - 6/16/2008

Question
In determining whether someone can file for 13 or 7, for the income/expense report, can someone include expense for losing money in trading the fx market?

Answer
You must disclose all income received in the 6 months prior to your case.  if your source of income is trading, then theoretically, you can offset gains with losses to show your net monthly take from the source.  You should have a bankruptcy attorney help you complete the means test budget analysis