Hello, I just claimed bankruptcy a few months ago and now am going to move in a smaller house to reduce my expenses. How will this change my monthly
payment? Will it increase because my expenses will be less?
moving and cost of bankruptcy
1 Expert Comment:
At June 5, 2007 |
5:13 pm
, Barton Goth, GCO, Bankruptcy Trustees Said...
Payments in a bankruptcy are largely irrespective of living expenses. Therefore, moving into a smaller residence and reducing your cost of living should have no effect on the cost of your bankruptcy.
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