Not sure if this goes here or under a thread for ‘allowable expenses’.
Was approved for 4K of student loans. 2K disbursed already, but 2K will disburse this winter. I plan for filing Chap 13 in the next month. I’m not concerned about getting my additional 2K disbursed, but after this school year, I have one more year to go until I get my degree. I was hoping to pay out of pocket for the 2012-2013 school year, but how does that expense fit into my Chap 13 payment plan? Is it allowable to budget 333/month (4K / 12 months) into year two of my payment plan? Or will I be forced to take out more loans to cover the rest of my education? Sorry, I hope I explained this right.
Was approved for 4K of student loans. 2K disbursed already, but 2K will disburse this winter. I plan for filing Chap 13 in the next month. I’m not concerned about getting my additional 2K disbursed, but after this school year, I have one more year to go until I get my degree. I was hoping to pay out of pocket for the 2012-2013 school year, but how does that expense fit into my Chap 13 payment plan? Is it allowable to budget 333/month (4K / 12 months) into year two of my payment plan? Or will I be forced to take out more loans to cover the rest of my education? Sorry, I hope I explained this right.