What Happens if I Get a Second Job?
Posted By
Majed on Nov 12, 2010 7:00am PST
Getting a second job may be helpful in that it gives you more discretionary income and breathing room from creditors. However it can be dangerous for a debtor in a Chapter 7 or Chapter 13 to obtain supplemental income. By law, all of a debtor's income (and any modifications) must be reported to the trustee. A sudden increase in income could make a debtor ineligible for bankruptcy under the means test.
Bankruptcy is not something you should go at alone. What may seem like a good idea could be detrimental under the bankruptcy code. Consult a seasoned bankruptcy attorney at the Fears | Nachawati Law Firm for your bankruptcy needs.