Bankruptcy Help Group: Chapter 7 Explained

This is the most common way to eliminate your debt and we explain how it can help you

The Bankruptcy laws are broken down into chapters. For instance, there is Chapter 7 (sometimes called "a liquidation bankruptcy", which is misleading)Chapter 13 (commonly called a "wage earner plan"), Chapter 11 (bankruptcy for huge corporations like airlines and department stores) and Chapter 12 (bankruptcy for a family farmer).

For individuals, married couples and almost all privately owned businesses, Chapter 7 and Chapter 13 are the only two chapters available to most people in need of help. We will begin by explaining Chapter 7 which is easily the most misunderstood type of bankruptcy because the public just does not understand how truly amazing Chapter 7 is in eliminating their debt while allowing them to retain all of their property, including, but not limited to their homes, cars, 401K's, IRA's, RVís, jewelry, furniture, personal property, etc.

Below are Links To Various Topics & FAQís about Filing Chapter 7 Bankruptcy

 
     
   
     
  Here are the answers to the 3 most important questions:  
     
   
     
 

What types of debts can I/we get rid of permanently?  link to top

Chapter 7 is amazing and powerful. It gives you the ability to permanently get rid of the most of the common types of debt people have: unsecured debts. These unsecured debts are things like, credit card debt, medical/hospital/dental bills, bank loans, personal loans, payday loans, collection companies, old and current utility bills, finance company loans and credit union loans.

Ch. 7 can also permanently eliminate any unsecured debts you may have a failed business, your divorce, if you co-signed or personally guaranteed a debt for someone else, any debt owed as the result of a foreclosure deficiency, auto loan repossession, boat/motorcycle repossession, trade creditors..... and many other debts to numerous to list. But if you call us we can explain it all to you and tell you right over the phone whether you can get rid of the debt in bankruptcy. In addition to the above and as is explained elsewhere in this site you can even get rid of certain income taxes over 3 years old when you meet certain requirements.

The other thing to keep in mind is it doesn't matter how much unsecured debt you have in Ch. 7 whether you have $ 5,000.00 or $250,000.00, our clients get rid of it all (YES that means permanently with no obligation to ever pay it back). So donít let the amount of debt you have worry you we have handled all types of cases and represented clients where the amount of unsecured debt has varied from a few thousand to over a million.

The real bonus most people don't understand is that when you get rid of the debt you also get rid of the INTEREST on the debt. In todayís world that could be anywhere from 18% to 35%. Itís usually these ridiculous interest rates that make you unable to pay off your debt because your whole payment just goes to interest and never even pays down your principal balance. Ch.7 not only permanently eliminates the unsecured debt.....it also permanently eliminates all that interest. So...is Ch. 7 amazing or what?

I know right now youíre shaking your head saying this seems too good to be true. Generally weíve been taught since we were kids that if something seems too good to be true....it generally is! Well we can tell you without hesitation and with complete confidence that this is not too good to be true. Ch. 7 Bankruptcy is the real thing our government created laws to help people in financial need so that they could start over. This isnít the 1920ís, they donít throw you in jail if you canít pay your debts and it doesnít help our economy if you can never get out of debt. So the United States set up bankruptcy laws so that if you lost your house, got divorced, lost your job youíd have a chance to start over again as a productive member of society. As I always say: "If the general public actually understood how Ch. 7 Bankruptcy worked and how easy it is to re-build your credit everyone that could file would file".

So don't be afraid to learn your rights and whether you are eligible Call our office today and find out for free. In my experience about 95% of the people that call are eligible for some type of bankruptcy which can save them anywhere from hundreds to thousands of dollars per month.

I'm stressed out with debt what can I do?.   link to top

As is explained above getting rid of unsecured debts and the interest that goes along with it is important, but it's not only the financial aspect that is important its also the effect it has on you and your familyís stress, worry and health. Letís be honest how many people with crippling amounts of debt are happy or stress free? Simple answer: NONE!!! Because when you canít pay your bills or canít afford groceries or gas or something for your kids, or you have to choose between them day in and day out it creates an unbelievable amount of stress, worry and pressure on your marriage and relationships. So once you file Ch. 7 guess what itís all GONE FOREVER.

Before they call and come into see us to find out how bankruptcy really works...almost all people believe there is nothing they can do to get rid of debt and that they will be in debt for the rest of their lives. They have lost all hope, can't sleep at night, feel depressed or nauseous all the time, fight with family members about financial matters, fear the calls to their employer might cost them their job, etc. If any of this sounds even remotely familiar to you should Call our office today because these things simply are not true and we can explain it all to you.

The sense of relief clients feel once they contact us and learn how bankruptcy really works is almost indescribable. For most they come in with their heads down, some embarrassed and crying and then after learning about their rights under the bankruptcy laws they leave smiling, sometimes laughing with many explaining that it feels like a thousand pound weight has been lifted off of their shoulders.

I have found that people file bankruptcy not only to get rid of debt but also the stress, worry and pressure on their marriage and relationships that the debt causes. All too often Iíve seen that debt that could be bankrupted cause unnecessary depression, heart attacks, strokes, divorces, alcohol/drug problems and other health issues. Filing bankruptcy will not get rid of all your problems but I can guarantee you it will decrease the daily stress, worry and pressure you feel from not having to deal with out of control debt. Once you file it will also permanently eliminate you from worrying and feeling helpless about your financial futureÖ.because now you have a future to look forward to.

Honestly the best part of being a bankruptcy attorney to me is seeing how peopleís lives can change once the debt is gone. Seeing people on the verge of divorce happy again, seeing a single mom working 3 jobs and never seeing her kids just to pay her bills now be able to actually spend time with her children, or seeing a 72 year old couple both still killing themselves working to pay credit card debt being able to retire and enjoy their final years is why it's all worth it to me.

 



 
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Contact Bankruptcy Help Group Today for a Free Telephone Consultation

Handling Bankruptcy for over 20 years.

Main Office:
60 Stoneybrook Drive, Bridgewater, MA

(P): 508-697-2223
(P): 508-747-8144
(F): 508-919-8361
email:
info@mabkhelp.com

Bankruptcy Help Group.
Has Highly Experienced Attorneys
Waiting To Help You!

Affiliated Offices:

Plymouth, MA
508-747-8144
Brockton, MA
508-588-6002
   
Falmouth MA
508-747-8144
Quincy MA
781-910-1575
 
 
 
 
Bankruptcy Basics:
If you are considering bankruptcy, these videos will give you helpful information

Please don't hesitate to call
Bankruptcy Help Group Today
 
Introduction Types of Bankruptcy
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Limits of Bankruptcy Filing for Bankruptcy
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Creditors' Meeting Bankruptcy Crime
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Court Hearings The Discharge
---- ----
Bankruptcy Plymouth
Bankruptcy Brockton
Bankruptcy Bridgewater
Bankruptcy Cape Cod
Bankruptcy Quincy
Bankruptcy Boston
Legal Assistance  
 
Contact Bankruptcy Help Group Today for a Free Telephone Consultation

Handling Bankruptcy for over 20 years.

Main Office:
60 Stoneybrook Drive, Bridgewater, MA

(P): 508-697-2223
(P): 508-747-8144
(F): 508-919-8361
email:
info@mabkhelp.com

 
 
 
 

What property can I keep and protect in a Ch.7?.  link to top

This is usually one of the most common and important questions we get asked. Most people think that if they file bankruptcy, they lose everything.....however.....THIS IS NOT TRUE.

The vast majority of our clients get to keep everything they own and lose nothing when they file. Why? Because the bankruptcy laws contain a provision for "EXEMPTIONS". In Massachusetts, there are State or Federal exemptions which are basically lists of property and things a person can keep and still file bankruptcy. Massachusetts has very liberal exemptions which means as is mentioned above....most of the people who file a Chapter 7 bankruptcy won't lose anything. If in your case you have too much property or things to cover with exemptions, you can utilize a Chapter 13 bankruptcy. In Chapter 13, people can keep all their property or things; they just have to pay in some money to the bankruptcy court on a monthly basis.

Your home or real estate: In Massachusetts, if you have a declaration of homestead you can protect up to $500,000.00 in equity in your home if you are married and filing jointly or $250,000.00 if you are single or filing by yourself (commonly referred to as the homestead exemption). Needless to say in todayís economy not to many people have equity over that amount. Equity is the actual value of your home less all outstanding mortgages. For example, if your house is valued at $279,000.00 and the mortgage on it has a payoff balance of $249,000.00. The "equity" in your house is $30,000.00. As you can see in Massachusetts, you could easily protect your house and all its equity. This does NOT mean that by filing a Ch. 7 bankruptcy you get to keep your house free and clear, if you have a mortgage you still have to pay the monthly mortgage payment or you will lose the house.

All other types of property: In Massachusetts, there are also exemptions to cover almost everything one might own, including, but not limited to: bank accounts, mobile homes, land, cars, trucks, motorcycles, RVís, pensions, retirement plans, IRA's, 401k and 403b accounts, wages, cash value on your life insurance, personal injury claims, workerís compensation claims household goods and furniture, tools you use in your trade, savings bonds and the list goes on.

A Friendly Warning: Federal and State exemption law is complex and complicated and not all attorneys are equally experienced. There are many traps for the less experienced attorneys practicing bankruptcy law (of which there are many) so a complete and thorough understanding of all available Federal and Massachusetts exemptions is vital. An attorney who does not fully understand all the exemptions available to you is dangerous for two reasons: first, if he or she uses the wrong exemption it may cause you to lose or forfeit some of your property which you could have kept thereby costing you valuable money; or second (and worse) tell you that you cannot file when you can, thereby keeping you from obtaining the fresh financial start you deserve and bankruptcy provides.

I always ask people would you hire a plumber to put a roof on your house? Of course not, so why would you use an attorney who does anything but bankruptcy law to file your bankruptcy. I and my staff know the laws and exemptions in Massachusetts and we can help you so Call our office today.

How property is valued in Ch. 7: The simplest explanation is that in a Ch. 7 we must analyze and determine the correct value for each client's property. Whether itís a house, car or furniture we help you determine the value correctly. Always remember that values vary depending upon your reason for trying to value it. For example, there is a difference between an insurance value and fair market value in a Ch. 7 the court only cares about what we call the actual fair market value or liquidation value. This means you may have paid $600.00 for your couch 2 years ago but if you put it out on the front lawn for a yard sale what would you get is the actual value or liquidation value. For cars and houses itís easier as we can use websites like KBB.com and NADA.com and zillow.com or real estate agents to determine the values. Unfortunately these numbers might be much less than what you wish the property was worth or the value it has to you or what you paid for the property, but the good news is you will be able to keep it when you file Ch. 7.

Remember just like with the above mortgage example filing Ch. 7 does NOT mean you get to keep property for free. If you have a car loan and the bank holds the title or has a lien on your title you will still have to pay the car loan in a timely manner if you want to keep the car (if you donít want the car read below). Remember if you do not keep the car loan current, the bank will eventually repossess your car even if you file a Ch. 7.

Keeping a house or car: In Ch. 7, if you want to keep your house or car and there is a mortgage or car loan you should be ďcurrentĒ on your payments before you file the bankruptcy. You must tell us if youíre not current so we can explain your options, you can either get caught up on the payments owed on that property before you file bankruptcy. Chapter 7 has no rules for catching up on payments due on property that has a lien against it or consider filing a Chapter 13 bankruptcy which would give you either 36 or 60 months to get caught up. For more detailed information on Chapter 13, see our page entitled "Learn About Chapter 13".

How to Stop Lawsuits, Harassing Phone Calls and Wage Garnishments.   link to top

As soon as you file a Ch. 7 bankruptcy the Court immediately sends out to all of your creditors a Court Order and notice of your filing which puts the "automatic stay" provision of 11 U.S.C. ß362 into effect. This "automatic stay" provision prevents all of your unsecured creditors from ever contacting you again or from trying to ever attempt to collect on your debt to them now or in the future. This is one of the most fundamental and powerful bankruptcy laws as it is immediate and provides you with complete protection from lawsuits, wage garnishments and creditor harassment and collection tactics. This means no more collection calls (at home, work or cell) and no more collection letters and dunning notices. It means all collection lawsuits are done, they must stop all garnishments against your pay (for everything except child support/alimony) and it means they cannot foreclose on your house or repossess your car until and unless they get a court order in advance. Throughout the entire time your Ch. 7 is pending, before a creditor can do anything to you they must file a formal motion or application with the Court.

What happens if a creditor ignores this order or continues to pursue your debt? The Bankruptcy Court can and will punish a violating creditor by entering a court order imposing fines, sanctions and/or attorneyís fees against the creditor in your favor. This law is so strong and widely accepted that most, if not all, creditors immediately comply with the "automatic stay" provision Order.

At the end of your Chapter 7 case, when you receive your "discharge of debtor" the automatic stay provision expires. This is usually nothing to worry about because all your debts that have been discharged (which means they are permanently gone), and this "discharge of debtor" is a permanent order to protect you that never expires and prevents your creditors from ever pursuing you in the future for every debt you have listed in your Ch. 7 Bankruptcy.

Just like with your mortgage or car loan there are some types of debts that are non-dischargeable in a Ch. 7 Bankruptcy. Some examples of non-dischargeable debts are income taxes less than 3 years old, alimony, child support, student loans, and certain other types of taxes and criminal fines. Once youíre discharged they can begin to pursue you again but clearly your Ch. 7 filing will have greatly reduced the financial burdens on you and you will be better able to deal with these non-dischargeable debts.

Can I/we get rid of debt on property we are willing to give up like a car, house, etc link to top

The simple answer to this question is yes ABSOLUTELY. Chapter 7 can help you eliminate the debt on any property that you: (A) Can no longer afford, (B) Have lost control of, or (C) No longer want.

Example A: Property you can no longer afford: Whether itís a house or a car you can no longer afford to make the payments. What are your options, what do you do and what does Ch. 7 do for you? If you are willing to give up or surrender your house because youíre upside down and have no equity then by filing a Ch.7 you get some real benefits. First, you are immediately excused from paying the mortgage, real estate taxes and insurance. But more importantly if the bank or mortgage company does not get enough out of the foreclosure auction to pay the full mortgage debt they have no right to pursue you for the difference (commonly called the mortgage loan deficiency). You are completely forgiven for this deficiency and bank can NEVER come after you for the rest. If you didnít file Ch. 7, the house would get foreclosed on, there would be a mortgage loan deficiency and then the bank or mortgage company could either sue you for the deficiency or worse report the deficiency to the IRS so that you would be required to pay income taxes on it and owe money to the IRS and DOR. By filing Ch. 7 and giving up your house you are discharged from the whole debt, the bank or mortgage company can sell the house and that's it. Giving up, surrendering a car back to the bank or having a car repossessed is a very similar scenario. By filing Ch. 7 even if the bank sells the car at auction and doesnít get enough to pay off your car loan you are forever and permanently excused from any auto loan deficiency following the auction.

Example B: Property you have lost control of: There are two scenarios here that might relate to you. First, if you gave up your interest in your former marital home due to a divorce and your name is still on the mortgage then Ch. 7 can be a huge help to you re-building your credit and eliminating debt. Whether your ex-spouse is paying the mortgage or not if both of you are named on that mortgage you are forever liable on it until it is paid off or until she refinances it and takes your name off of it. Now let's say your ex-spouse does not refinance. This is a huge problem for you because you are still liable on the mortgage and if he/she does not pay the mortgage, the bank will sue you for the money. Even if he/she does pay the mortgage you still have that huge outstanding mortgage debt owed and until you get it removed from your credit you will not be able to get another mortgage in the future so that you can buy your own home. Filing a Ch. 7 immediately removes your name from the mortgage, that way if your ex-spouse ever defaults you donít have to worry about the mortgage company coming after you. More importantly, because your name is off the mortgage you should be able to qualify for your own mortgage approximately 24 months after your bankruptcy is discharged. Also your filing does not prevent your ex-spouse from keeping the house, he/she simply has to make the payments and they can stay. Itís the best of both worlds he/she can stay in the house and you can stop worrying about the mortgage being paid on time and can move on with your financial future.

Example C: Property you no longer want: Let's say you own a RV Camper or Boat home that is worth $12,000.00 and your outstanding loan on it is $28,000.00. Youíve tried for the past two years to sell it, but no one has offered anything close to what you owe to the bank. Unless you can sell it and payoff the shortfall in cash then youíre stuck continuing to make the monthly payment on something youíll never have equity in. Filing Ch. 7 bankruptcy can solve your problem because as part of your filing you can give back or surrender the RV Camper or Boat to the Bank you owe the $28,000.00 to. The Bank will then come get the RV Camper or Boat and sell it either privately or at auction. Just as in the foreclosure example and car repossession examples above you donít care what the bank gets for the RV Camper or Boat because any deficiency you owe on that loan is an unsecured debt that will be completely discharged in your Ch. 7. Obviously, if you didnít file they would and could sue you for the deficiency balance due on the loan and would come after you for whatever ridiculous amount they claimed you owed.

If you have a different situation or example you want a detailed answer on all you need to do is Call our office today or send us an email with your example. The same theories apply with respect to all types of property or debts you may want to get rid of and we would be more than happy to explain all of your rights to you.

How will filing help me or my family's financial future?.  link to top

The whole concept of Bankruptcy is to eliminate debt so that you can get what is commonly referred to as a ďfresh startĒ. Itís sort of like a do-over or second chance. Just because you were out of work for two years, became sick/disabled, had to take a lower paying job or purchased a home right before the real estate market crashed should not mean you and/or your family should have no financial future at all. Bankruptcy eliminates that debt from your past forever so you don't have to pay it anymore. Without this debt you can hopefully now afford your familyís normal monthly living expenses, take care of your family and be in a better position to get your financial life started over again. All of our clients are saving hundreds to thousands of dollars per month which they can utilize toward building that financial future. Conversely, not filing a bankruptcy can leave you stuck with no way out. Stuck just paying the minimum balances on your credit cards with no hope of ever paying them off, no ability to save money and no hope of a future. Filing Ch. 7 and eliminating your debt means you and/or your family can finally start moving forward and make progress like obtaining a new car or start saving for your childís college education or a new more affordable home. You and your family go from hopeless to hopeful just by filing.

How can filing get me/us into a position to save more money and re-build our credit?  link to top

For most people facing bankruptcy, they have already exhausted their savings, retirement assets, taken family loans, taken 2nd jobs and cut back everywhere they couldÖ..just to stay current. For most people not filing bankruptcy means they canít save anything and god forbid the car breakdown or someone need dental work . That simply canít happen as it spells financial ruin and if you're there then you are already in desperate need of a Ch. 7 bankruptcy.

Filing a Ch. 7 bankruptcy hopefully solves these problems and more. By filing Ch.7 bankruptcy you eliminate sufficient debt so you can live on what you earn. Thereafter, now that you are debt free as you earn more money and are more wise with your finances by sticking to a budget we can help establish for you you should be able to start saving money, especially as you pay off your car, eliminate unnecessary expenses through our budget, from raises or promotions at your employer, working a 2nd job because you see all the money is actually now going to savings rather than to credit card companies, etc

As for rebuilding credit filing bankruptcy and eliminating the debt is the most important step. If youíre considering bankruptcy chances are your credit is already seriously messed up or you owe so much you couldnít pay it off in 40 years. So to rebuild your credit absolutely nothing works better or faster than filing Ch. 7 bankruptcy. From the date its filed to discharge is only approximately 4 months. The other important factors in rebuilding your credit is making any secured payments like mortgages and car loans in a timely manner (that means never paying them even one day late). It also means that when you become eligible for a credit card after Ch. 7 you get one and only one card and you charge $50/mo. and pay it off every month. Making timely payments and keeping your balances paid off makes your debt to income ratio look better and gradually over time you will get better and better credit offers from banks and credit card companies. You will qualify for car loans at a reasonable interest rate and have multiple credit cards offered to you. But donít ever fall into the trap again, always only keep one credit card and pay it off every month, if you do this you can raise your credit score by 150-200 points in 24-30 months after you receive your discharge. At this point you start asking yourself was I crazy why didnít I file Ch. 7 years ago instead of trying to pay those insurmountable credit cards. Your life is so much better in so many ways and you are actually sharing this information with family members and friends who are also struggling....and hopefully you are referring them to us so we can help them file their bankruptcy and get their lives back on track too.

Important Legal Disclaimer: Please Read  link to top

State and federal bankruptcy laws are complex, extensive and complicated. There is always new case law and local rules that an experienced bankruptcy attorney must stay abreast of. As such, the best bankruptcy attorneys do nothing but bankruptcy.

Please note that all of the information contained herein does not establish an attorney client relationship between you and Mass Law Group, PC until you have officially retained our office and paid a retainer. The information contained herein although true, in many cases, may vary from client to client dependent upon their financial circumstances and facts. As such, your results will vary depending on your goals, assets, debts, income and expenses.

More importantly the information contained herein was oversimplified and generalized in order to make important points. The information contained on this website is not sufficient to teach you how to file your own bankruptcy case simply by reading this material. The best advice I can give you is to Call our office today for a totally FREE initial consultation. That way you can explain your specific facts and learn all your bankruptcy rights and options.

What much does it cost to file and how do I pay.   link to top

Most people who file for bankruptcy in Massachusetts don't have a lot of money - if they did, chances are that they wouldn't be looking to file for bankruptcy in the first place. I know how difficult it is to make a decision to file for bankruptcy; worrying about bankruptcy legal fees shouldn't make it harder.

That's why Legal fees are set according to the complexity of your situation, not a cookie-cutter approach. If you have a simple case, your fee will be less than if you have a difficult one. We also now have a price match guarantee!

Mass Law Group - Bankruptcy Law - Chapter 7 or 13

Bankruptcy Help Group is here to try and make this as painless as possible and we will also setup easy payment plans and arrangements to make this as affordable as we can.

Chapter 7
Attorney fees in Massachusetts for bankruptcy cases range from $700.00 to $2,500.00 based upon the complexity of your case and a sliding scale I offer to the disabled, veteranís and elderly. However, in the vast majority of cases the attorneyís fees are $1,000.00 to $1,500.00 In terms of benefit you get for your buck, there is nothing better in the legal field than paying a bankruptcy attorney. Would you pay $1,500.00 to get rid of $100,000.00 in debt? Or $1,000.00 to get rid of $50,000.00 in debt? Of course you would. However, fees can vary because every single clientís circumstances, facts and the complexity of their case can vary (like someone who just a few credit cards vs. someone who lost a business with 100 creditors) for this reason you should Call our office today for an exact quote from Attorney Scannell.

The remainder of the costs are typically minimal, and include a two credit counseling certificates ($10-25 we know all of the lowest priced credit counseling companies), some other small costs obtaining copies of your deeds and mortgages, performing judgment searches and perhaps a credit report ($11) although they are usually free at www.annualcreditreport.com.

Why use an experienced attorney? Because you get what you pay for donít use a divorce attorney to do your bankruptcy. The risk just is not worth it. Inexperienced attorneys or people who try to file bankruptcy on their own actually usually cost themselves more than if they just came to us in the first place. Sure...you can try to file your own bankruptcy case...just like you can try to replace the transmission in your car when youíve never even picked up a wrench before. Don't take unnecessary chances with your familyís financial hire an experienced bankruptcy attorney and you will never regret it.

The experienced bankruptcy attorney can explain all your options and help you decide whether to file bankruptcy or not; whether to file Ch. 7 or Ch. 13; take full advantage of all your exemptions; avoid the mistakes that inexperienced attorneys make; completely and thoroughly explain the entire process to you; alleviate any fears or concerns you may have and instill the confidence of an experienced attorney; including how to rebuild your credit and the timelines expected in your life after bankruptcy.

Suggestions on how to raise the money to file bankruptcy?   link to top

I'm broke so how do I come up with the money to pay for my bankruptcy? That's a great question so weíve provided some proven suggestions on how to raise the money. The most obvious answer is to stop paying on all the debts that you are going to be bankrupting. Here is the entire list of suggestions:

   How to Come Up With The Money To File Your Case
 01.
Stop paying debts (credit cards, unsecured loans, vehicles you are going to surrender, medical bills, etc.) which you can get rid of through bankruptcy  
 
 02.
Giving Up A House? Stop paying the mortgage payments, and use that money to file your case.  
 
 03.  Cash on Hand.
 
 04.  Gifts from friends or family.
 
 05.  Borrow from friend or family.
 
 06.  Take out a 401K Loan.
 
 07.  Use your Income Tax Refunds
 
 08.  Get more hours at work.
 
 09.  Temporarily keep the 2nd or 3rd job.
 
 10.  Get a temporary 2nd or 3rd job.
 
 11.  Have your non-working spouse get a temporary job.
 
 12.  Take a loan against your "cash value" life insurance policy.
 
 13.
Move in with someone else and stay long enough to save up the money.  
 
 14.
Have someone move in with you or get a roommate, who can help pay your monthly expenses, so you can save some money or bring in additional money.  
 
 15.  Sell something you no longer want or need.
 
 16
Put off paying the mortgage or vehicle payment for a month or so (Chapter 13 only). You can use Chapter 13 to catch up on any payments missed.  
 
 17. Rent out A Room.
 
 18.
Think about increases in income or decreases in expenses you expect to occur in the next few weeks or months.  
 
 19.  Cut out or cut down on unnecessary monthly expenses.
 
 20.  Consider sacrificing an asset you owe on to cut out an expense.

How soon can my/our case be filed?   link to top

Our answer is simple and direct: As soon as you have your fees and paperwork together and can come in the office to review and sign your bankruptcy we can get you filed. In most cases, we can have your case filed in a week or less and in less than 24 hours in an emergency, like when a foreclosure auction is scheduled against your home.

 
     
Contact Bankruptcy Help Group Today for a Free Telephone Consultation

Handling Bankruptcy for over 20 years.

Main Office:
60 Stoneybrook Drive, Bridgewater, MA

(P): 508-697-2223
(P): 508-747-8144
(F): 508-919-8361
email:
info@mabkhelp.com

Bankruptcy Help Group.
Has Highly Experienced Attorneys
Waiting To Help You!

Affiliated Offices:

Plymouth, MA
508-747-8144
Brockton, MA
508-588-6002
   
Falmouth MA
508-747-8144
Quincy MA
781-910-1575
 
 
 
 
 
 
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
   
 
Bankruptcy Help Group: Formerly Mass Law Group, P.C. Handling Bankruptcy for over 20 years. Questions: info@mabkhelp.com

Main Office:

60 Stoneybrook Drive, Bridgewater, MA 02324 (P): 508-747-8144 or 508-697-2223

Affiliated Offices:
       
Samoset Street
Plymouth MA
508-747-8144
Pleasant Street
Brockton, MA
508-588-6002
Palmer Ave
Falmouth, MA
508-747-8144
Franklin St
Quincy, MA
781-910-1575

Bankruptcy Help Group. Formerly Mass Law Group, P.C. is an experienced bankruptcy law firm in eastern Massachusetts.
We will beat any experienced competitor's price & create low cost payment plans Call Us Today


We Focus On:
 Bankruptcy, Debt Relief, Chapter 7, Chapter 13, Debt Counseling,
Financial Warnings, Harassing Phone Calls, Foreclosures, Lawsuits, Tax-Wage Garnishment


Pages: Home, Why Select Us, Financial Warning Signs, Bankruptcy Myths, Chapter 7 or 13, Contact Us, Client Testimonials
 
Statement Mandated by Section 527 (b) of the Bankruptcy Code