Scroll Top

Ohio Chapter 13 Bankruptcy Disposable Income

Free Bankruptcy Consultation

Call Now or schedule your Free video chat consultation and speak The Columbus Bankruptcy Attorney, Scott Needleman. Learn your debt relief solutions in a 15 minute phone or video chat with The Columbus Bankruptcy Lawyer.


There is a lot that goes into filing Chapter 13 bankruptcy in Columbus, OH, including calculating Ohio Chapter 13 Bankruptcy Disposable Income. This is a process that includes many steps, with the end goal of setting up an affordable bankruptcy repayment plan and reaching a better place in your financial life.

When you file for this type of bankruptcy, your Ohio Chapter 13 Bankruptcy Disposable Income is calculated to determine how much you will pay each month through your repayment plan. As you file the appropriate documentation with the court, you will be asked to include all the income you receive, regardless of the source.

Note: there is a lot that goes into a Chapter 13 bankruptcy filing, so you need the assistance of an experienced Columbus bankruptcy attorney. A legal professional can ensure that you are providing accurate information.

Chapter 13 Repayment Plan and your Income

With Chapter 13 bankruptcy, you are going to repay creditors via a repayment plan that will last anywhere from three to five years. As a result, you need enough monthly income to fund that plan.

The amount of money that you are required to pay each month is based on your income. The more money you earn the more money you can pay to creditors.

Your disposable income is calculated by considering all the money you receive, and then deducting your monthly living expenses. You will complete form 22C as part of your filing. Again, this is something an experienced Columbus, Ohio bankruptcy attorney can help you with.

What is Disposable Income?

Your definition of disposable income may not align with that of the bankruptcy court, however, they are in charge of the process. Generally speaking, this includes any money paid to you to regularly cover expenses. This income most commonly includes:

  • Employment wages
  • Employment salary
  • Rental income
  • Self-employment income
  • Your spouse’s income (not always included)
  • Government benefits
  • Unemployment benefits
  • Welfare
  • Child support payments
  • Alimony
  • Retirement benefits, such as a pension

While disposable income is one of the primary details of a Columbus, Ohio Chapter 13 bankruptcy filing, this is just one part of the pie. There are other details to consider, such as whether or not your are eligible to file.

Do you have questions regarding your eligibility to file for Columbus Chapter 13 bankruptcy? Do you want to learn more about how much your repayment plan would set you back each month? These are the types of questions that can be answered by Columbus, Ohio bankruptcy attorney Scott R. Needleman.