Approx $2100 monthly take home for 8mos severance (after 19yrs same co). Approx $19k credit debt + only owe $10k on car worth $18,000 (keeping car, put down $14k). My credit is fair but won't be able to afford per month: Rent $700, Utilities $140, Credit bills $700 (3 creditors), Car Note $260 mo (0% interest, 3 yrs left), Bundle on phone, cell & internet $210 & $ food as needed. $120. in bank. May have to relocate to family (IL) to reduce rent to $200mo. Best to file bankruptcy as soon as I lose job (in about 1 month) to avoid paying the $700 in credit cards? Would I have to wait until severance runs out before filing? Can't live in AZ without a $42k yr job (H.S Edu only). Thinking of filing on 3 creditors only- not late on pymts YET, I 'd like to avoid that (moving forward).