What is the name of your state?What is the name of your state?What is the name of your state? Arizona
I am preparing to file for chapter 7.
I am currently living with a relative due to being laid off. However they want me out of the house ASAP (as do I). After over a year of this living arrangement I am finally back to working at a full time job that would allow me to move out and live on my own (if bankruptcy goes thru).
I listed my expenses based on what it would cost me to live in a one bedroom apartment. I have lived this way prior to being upemployed and know what it would cost to live in Arizona with zero "no-frills" lifestyle (from paycheck to paycheck). Even after listing them I would still be close to even or slightly behind in making payments each month, which is something that worries me for obvious reasons.
Am I allowed to list expenses based on living on my own in the near future or can I only claim what I am currently paying on a montly basis? If I cannot list my expenses based on what it would cost living on my own, does this mean I cannot file chapter 7 and resign myself to the fact I cannot live on my own?
It would put a real strain on my relationship with my relative (for both of us). I would hate to think the court would basically tell me "you are in a current situation that allows you to pay back your creditors and if this means you are stuck there, so be it".
Any words of adivice or to ease my concerns?
I am preparing to file for chapter 7.
I am currently living with a relative due to being laid off. However they want me out of the house ASAP (as do I). After over a year of this living arrangement I am finally back to working at a full time job that would allow me to move out and live on my own (if bankruptcy goes thru).
I listed my expenses based on what it would cost me to live in a one bedroom apartment. I have lived this way prior to being upemployed and know what it would cost to live in Arizona with zero "no-frills" lifestyle (from paycheck to paycheck). Even after listing them I would still be close to even or slightly behind in making payments each month, which is something that worries me for obvious reasons.
Am I allowed to list expenses based on living on my own in the near future or can I only claim what I am currently paying on a montly basis? If I cannot list my expenses based on what it would cost living on my own, does this mean I cannot file chapter 7 and resign myself to the fact I cannot live on my own?
It would put a real strain on my relationship with my relative (for both of us). I would hate to think the court would basically tell me "you are in a current situation that allows you to pay back your creditors and if this means you are stuck there, so be it".
Any words of adivice or to ease my concerns?