We're moving in with family since I was laid off. We will need to pay for our own food, utilities and such. Is this considered a preferential payment since we're living with family? We may need to pay them a certain amount each month for rent, but that's still unclear. If we paid rent there, how is that considered?
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Preferential payments, first off, have to be more than $600, and 2nd only apply to "creditors". Buying things with cash (your normal living expenses) cannot give rise to a preferential payment issue.
The rent thing is a little more tricky, if you are going to pay rent, do up a basic rental agreement. -
Also, at the grocery store in their office supply section they have little receipt books that makes carbonless copies.Originally posted by HHM View Post
If your parents are up to, and I hope they are, everytime you pay rent, have them write you a receipt. Save those.Chapter 13 Filed "Old Law"
Filed: 6/2003 Confirmed: 3/2004
Early pay off sent: 10/05/2007 - 9 months early
11/16/2007 - Discharged!
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Thank you for your replies! That's great.Comment
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