The means test computes what amount is paid to unsecured creditors based on the past six months income. However, if circumstances have changed at the time you file bankruptcy or while in a Chapter 13 bankruptcy, schedule I and J may allow you to change your monthly bankruptcy payment. A decrease in your income will sometimes allow you to pay less to your unsecured creditors. If your income has increased your monthly bankruptcy payments may increase.
Mortgage paperwork mess: Next housing shock?
(CBS News) If there was a question about whether we’re headed for a second housing shock, that was settled last week with news that home prices have fallen a sixth consecutive month. Values are nearly back to levels of the Great Recession. One thing weighing on the economy is the huge number of foreclosed houses.