Expert: Terry Leeders - 5/5/2009

Question
My son and his wife are filing for bankruptcy.  They have passed the means test, and now they have been told they have to come up with $700.00 more in household expenses beyond the regluar expenses.  how they do this, any ideas?

Answer
They need to list down all monthly expenses, even ones that don't occur each month (can put the monthly average when taken over the year)
It sounds like they have extra cash flow.  Be sure to list payments on secured debts you are chosing to reaffirm -like a car or house.