In the Gosch’s bankruptcy case, they received money from personal injury claims just before they filed for chapter 13 bankruptcy. They received this money in what is known as a “gap” period (time between the last day of the month preceding chapter 13 filing and the chapter 13 filing itself). Therefore, they were not required to contribute this money as part of their projected-disposable-income calculation.
If you’ve been injured and are considering a personal injury case, or if you’re considering bankruptcy, give us a call at (816) 524-4949 or visit our website at Hoorfarlaw.com.