- 6 - Item of expense Expense claimed National standard expenses $1,453 Housing/utilities 1,750 Transportation 1,030 Health care 695 Taxes (income and FICA) 1,485 Court-ordered payments 150 Child/dependent care Life insurance 60 Secured/legally-perfected debts Other expenses Loan payments 910 (685) Student loans Total 7,533 On June 26, 2001, the settlement officer sent a letter to petitioners, which enclosed a list of the following allowable expenses: Item of expense Expense allowed National standard expenses $1,473 Housing/utilities 1,214 Transportation 1,024 Health care 400 Taxes (income and FICA) 1,685 Court-ordered payments 150 Child/dependent care Life insurance 60 Secured/legally-perfected debts Other expenses Loan payments 0 Student loans 210 Total 6,216 The letter states: I have received your updated collection information statement dated 6/20/01 and Mr. Schulmans’ [sic] wage verification. Enclosed is a calculation of the allowable Necessary Living Expenses. Note that significant changes were made to the allowable amounts for health care, taxes and the student loan repayment is being allowed. The health care figure is based on an average monthly premium of 171.00 co-pays averaging 140.00 and the remaining is for miscellaneous medical supplies or needs. The monthly tax figure was adjusted because I believe you are under-estimating your monthly combined State andPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Next
Last modified: May 25, 2011