It is part of your mortgage payment expense, so you would just list your mortgage payment on Schedule J.
First, the firm is a debt relief agency according to the U.S. Bankruptcy Code. We help people file for bankruptcy. We also do other stuff and we do it well, but Congress wants me to post this notice. Second, nothing on this site is legal advice. You are not my client unless you enter into a written agreement signed by you and me.
Just list your monthly payment amount in the section for mortgage payments - it already includes the interest.
The information provided herein is general information only and not legal advice. The information provided herein does not create an attorney client relationship and is not a substitute for having a consultation with an attorney. It is important to have a consultation with an attorney as the information provided in this forum is limited and cannot possibly cover all potential issues in a given situation.
Mortgage loans routinely include principal and interest.
You need also to address the issue of listing real property taxes and insurance payments.
Are you making two separate mortgage payments? One for interest & one for principal? Because you can take the expenses you actually pay on Schedule J, not expenses you imagine will bump up your expenses to show that you are eligible to file bankruptcy. Hope this perspective helps!
Your monthly mortgage payment already includes the interest, so you should not list the interest separately.
This is not legal advice and I am not your attorney until you retain my office. Always consult with an attorney in your area before acting on anything you read on the internet.
It is already part of your mortgage expense. Right at the top, where it asks for how much you pay, put the amount that you actually do pay, and that includes interest, principal and usually taxes and insurance too.
All of your expenses are listed on Schedule J. If you have a mortgage payment that includes interest, list the payment. If you have another mortgage requiring interest only payments, list that payment separately.
Years licensed, work experience, education
Peer endorsements, associations, awards
Publications, speaking engagements