American Mortgage Debt Resolution, Inc.

Monthly Expenses

     Please be sure that you are only submitting this information in connection with a "regular" or "short form" intake form. Without either of these other forms, we will not have any way to respond to your submission.

     Please complete each section on this form. In an area which requires a dollar amount, please enter "4000" instead of $4,000.00, "100000" instead of "$100,000.00" (no dollar sign, comma or period).
     If you are using the information from this form to answer questions on one of the other forms now you will have to add the items yourself to use the numbers now.
     If you are submitting information for us to assemble we will make any needed calculations when the forms are printed.

The "Toaster Method" of expense evaluation.

To properly evaluate your expenses try the following steps:

1.   Figure out how much you saved or spent from savings to live last month. This number should be a hard fact. Either you added to an account or needed to borrow from savings, friends or relatives to make ends meet. Write this number down put it aside. ("under the toaster")
2.   Make a list of all available income for the month.
      A. Use the regular net income of both spouses or others such as working children who contribute to household income on a regular basis.
      B. Do not include inconsistent items such as occasional overtime, tax refunds, or gift proceeds.
3.   Fill out the monthly expenses form.
4.   Does the net monthly figure on the form match the number you put aside back at item #1? Probably not, this time include everything you spend. Make up categories or call items miscellaneous. Go over the expense section again and again. Self employed debtors may need to revisit the income entries. When you have a net figure matches what really occured submit the form.
Your last name 
Your first name 
Your e-mail address, telephone number, and mailing address
Mortgage principal and interest only (taxes and insurance go elsewhere) 
Homeowner's insurance 
Real estate property taxes 
Home maintenance 
Heating costs 
Water and sewer charges 
Electricity 
Furniture purchase, replacement 
Natural gas and propane 
Other home expenses 
Weekly main grocery purchase 
Lunches and work- and school-related meals 
Snacks, coffee, donuts and other "fast food" 
Milk, cookie and crackers and other convenience store purchases  
Freezer plans 
Other food, pet food 
Children's clothing, sneakers, school wardrobe, ect. 
Adults clothing 
Work clothes 
Education (home schooling) or private tuition, adult education, continuing education 
Childcare, daycare 
Cablevision, satellite service, net access 
Movie rentals 
Movies, at theaters 
Meals at restaurants 
Cigarettes, cigars, beer, wine, liquor 
Lottery tickets and similar 
Casino, horse racing and other gambling expenses 
Vacation flights 
Vacation hotels, motels 
Vacation admission tickets, food, cigarettes, drinks, etc. 
Weekend or day trips 
Birthdays and holidays 
Personal hygiene, hair cuts 
Sports participation fees 
Sports, program tickets, equipment, health club memberships 
Automobile payments 
Automobile insurances 
Gasoline 
Oil and lube, routine maintenance 
Business travel, flights, hotels, non-reimbursed meals 
Medical or dental health insurance 
Prescription medications 
Non-prescription meds 
Non-insured trips to chiropractors, therapists, masseuses 
Life insurances 
Disability insurance 
Total of monthly credit card payments 
Describe other living expenses 
Amount 
Other, 2 description 
Amount 
Other, 3 description 
Amount 
Other, 4 description 
Amount 
Federal taxes, monthly 
State taxes, monthly 
Submission   Return to top 
©American Mortgage Debt Resolution, Inc. (1-800-351-3301),
By Mory Brenner, Esq., 3/30/99 12:14:54 PM
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Author: John P. Green, Esq.