Since I am currently living with my parents(paying no rent or utilities), I am a bit concerned about 3 questions on form B 3B. I have listed the questions and my explanations and I am looking for guidance and suggestions on whether or not I am answering these correctly in such a way as to remain honest but not get myself into trouble. Please let me know if you see something I do not, and offer any suggestions you may have as far as wording or something that may raise red flags.
4. Monthly income - $703(average)
5. Do You expect the amount in Question 4 to increase or decrease by more than 10% during the next 6 months? Yes or No.
Explanation: As an independent contractor, income often fluctuates due to inconsistency in available work. Currently experiencing ~25% decrease in monthly income. Actively looking to increase income by way of acquiring additional work or obtaining new employment.
6. Monthly expenses - $684
7. Do you expect the amount in Question 6 to increase or decrease by more than 10% during the next 6 months? Yes or No.
Explanation: Pending increase in income, I am expected to contribute up to additional ~$425/mo for rent and utilities. Pending significant increase in income I expect further increases in monthly expenses to include payments on past due 2009 and 2010 income taxes, health insurance, auto tires and eventually renting own apartment.
18. Please provide any other information that helps to explain why you are unable to pay the filing fee in installments.
Explanation: Due to currently experiencing a decrease of ~25% in monthly income, it has made it increasingly difficult to afford even minimum monthly living expenses.
4. Monthly income - $703(average)
5. Do You expect the amount in Question 4 to increase or decrease by more than 10% during the next 6 months? Yes or No.
Explanation: As an independent contractor, income often fluctuates due to inconsistency in available work. Currently experiencing ~25% decrease in monthly income. Actively looking to increase income by way of acquiring additional work or obtaining new employment.
6. Monthly expenses - $684
7. Do you expect the amount in Question 6 to increase or decrease by more than 10% during the next 6 months? Yes or No.
Explanation: Pending increase in income, I am expected to contribute up to additional ~$425/mo for rent and utilities. Pending significant increase in income I expect further increases in monthly expenses to include payments on past due 2009 and 2010 income taxes, health insurance, auto tires and eventually renting own apartment.
18. Please provide any other information that helps to explain why you are unable to pay the filing fee in installments.
Explanation: Due to currently experiencing a decrease of ~25% in monthly income, it has made it increasingly difficult to afford even minimum monthly living expenses.
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