Good morning everyone,

I am looking at filing a Chapter 7 for a Bronx client who earns approximately $6,500 a month and makes voluntary contributions to retirement funds of $650 a month.  Her expenses are approximately $750 a month over her income. Without the voluntary contribution, it would still be $100 over income.

Thoughts on whether this will be a disqualification or cause a problem. 



Harry C. Kaufman, Attorney
118 North Bedford Road
Suite 100
Mount Kisco, NY 10549
917 991-8773
Fax 888 909-2650



Offices in White Plains, Rye Brook, 
Harrison, Tarrytown, and Scarsdale.





On Mon, Aug 10, 2026 at 11:45 AM James Quail via Ilaw <ilaw@listserv.ilawinc.com> wrote:
Good morning. I have a client that has a coop that has common charges with a ridiculous default interest that has led to hundreds of thousands of dollars.   

There is a foreclosure that soon will have an auction scheduled. They filed in the wifes name but the bankruptcy attorney did not want to consider a mandatory mod. 
--
It does not make sense why a Board would need to turn such a profit and I wanted to know if we filed bankruptcy, if the trustee could void some of that interest. They could pay the arrears over a five period for an automatic modification.

I don't handle bankruptcy, but if you quote me a fee, I will pass it to the client. 

thanks


James J. Quail, Esq.


5550 Merrick Road, Suite 201
Massapequa, New York 11758
t.516.799.9100 | efax.516.494.7123









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