[xii] This test can be contrasted with the totality of the circumstances test adopted by the Eighth Circuit in Long v. Educational Credit Management Corp. (In re Long), [xiii] in which the court considers (1) the debtors economic resources, (2)
reasonable necessary living expenses of the debtor, and (3) any other relevant circumstances.
Not exact matches
(7) For the purpose of clause (5)(i),
expenses incurred to renovate the insured person's home shall be deemed not to be
reasonable and
necessary expenses if the renovations are only for the purpose of giving the insured person access to areas of the home that are not needed for ordinary
living.
varying a freezing order obtained without notice where
necessary to pay for
reasonable legal and
living expenses
Mass Evacuation funds provide coverage for any
necessary and
reasonable increase in
living expense incurred while access to the «dwelling» or «unit» is prohibited by order of civil authority for a period not exceeding 2 weeks from the date of the evacuation order.
Also, if your rented home ever needs serious repairs, and you're unable to
live there, it also covers the
reasonable and
necessary increase in
living expenses (housing, food, etc.) you may incur.
Your renter's insurance policy will pay for the «
reasonable and
necessary increase in
living expenses (housing, food, etc.) you incur to maintain your normal standard of
living until your home is repaired or until you permanently relocate after a covered loss.»
Your Renters policy will pay for the
reasonable and
necessary increase in
living expenses (housing, food, etc.) you incur to maintain your normal standard of
living while your residence is being repaired, or until you permanently relocate after a covered loss, subject to 12 or 24 months, depending on your policy type.