moving and cost of bankruptcy

Posted on Tuesday, June 5, 2007

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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?

Filed under: Bankruptcy
 posted by Questions @ 5:10 pm
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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