Course Category: Expenses

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BK 120: Schedule J – Expenses

Schedule J: Expenses. Every Chapter 7 debtor must file a schedule of current expenses, commonly called Schedule J.  11 U.S.C. § 521(a)(1)(B)(ii); Bankruptcy Rule 1007(b)(1)(B).  Current expenses include actual expenses for rent, mortgages, utilities, food, clothing, medical and dental care, transportation, insurance, taxes, vehicle expenses, etc. Like the other schedules, Bankruptcy Rule…