What if I can’t afford my rent after filing?
June 1st, 2015 by Questions
I have about 75,000 in debt, filing for a consumer proposal. I will continue to pay for my vehicle which is book valued 5000, and last payment is September 2015, my question is, I am living with my son and pay only 500, but my son and his wife will be moving out in October 2015 and I will have to move and get my place. Rent, grocery, cable, perhaps some utility, a cell phone will be more than 500 a month, perhaps as high as 1300 a month, and I proceed to make this proposal before me moving out into my place, how do we calculate 1300 for the new location once I move? What if I can’t afford my rent after filing a consumer proposal? I don’t want to get into a consumer proposal and have a monthly payment, and not be able to afford my place. Please advise?
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