STEP 1: YOUR FREE PHONE CALL
Call our law firm CALL US: (781) 848-8545
Filing Chapter 7 Bankruptcy in Boston starts with a telephone call to set you up with an entirely FREE & CONFIDENTIAL debt consultation Meeting at our convenient locations. Nick offers educated, experienced, and understanding staff will treat you with the respect that you deserve and is absolutely no charge or obligation to call for your free consultation. You may want to fill out our online form to help us better understand your financial circumstance. We will clarify how bankruptcy works and everything you can expect from a Chapter 7 Bankruptcy filing in Boson, MA.
You’ll get a detailed step-by-step breakdown of how filing Chapter 7 Bankruptcy in Massachusetts functions, along with your overall cost to document it, and This is a confidential and completely Free Bankruptcy Consultation free of duty to file without any strings attached. To put it differently, you’re not losing anything from coming in and speaking to us.
STEP 3: GATHER THE PAPERS We Have to PREPARE YOUR BANKRUPTCY & COMPLETE CREDIT COUNSELING.
Back at home, you will want to gather all your invoices, documents, and other information required to receive your Chapter 7 Bankruptcy case registered. As soon as you understand that filing Chapter 7, bankruptcy is ideal for you, this area of the procedure is fun.
As this is the final time, you’ll have to deal with your bills. As soon as you have the information collected, we provide consultation in our office with one of our staff to examine the documents and ensure that you have the ideal paperwork, and be sure we have answered all of your questions.
STEP 5: FILING YOUR Boston Bankruptcy CASE WITH THE COURT
We record your final signed documents with the Court by electronic filing on the internet. Bear in Mind, after filing Chapter 7 Bankruptcy, lenders: Can’t sue you. Cannot garnish. Can’t repossess, Can’t Affect, Or anything else. after the case is filed Your creditors will leave you alone. They can’t even talk to you personally, and they certainly can’t harass you.
STEP 6: THE (341 HEARING) MEETING OF CREDITORS
Approximately 30 days after we file your bankruptcy situation, we’ll attend the Creditors’ Meeting or the 341 Hearing. This assembly is the creditor’s chance to appear and ask you questions. But creditors do not show up in our experience.
because the creditors know bankruptcy protection is powerful and there’s not much they can do. Typically, this meeting would appropriately be called “Meeting Your Trustee.” It is possible to think of your Trustee as a “bookkeeper/gatekeeper” for the Court. Their job is to: Review the schedules filed in your case. Check to Ensure you “told the truth, the whole truth…so help you, God”. Typically, that is all that occurs at this meeting, and it typically lasts less than 5 minutes.
STEP 7: FINANCIAL MANAGEMENT COURSE
In the month after our 341 meetings, you need to complete a financial management program that takes about two hours, and our office will provide you with the contact and instance information you want. Many people find it gives them useful information for their perspective and can be intriguing. DISCHARGE Approximately months after submitting your Bankruptcy Chapter 7 case, Boston MA the court order that says you don’t owe your bills in MA. Courts issues your discharge. The discharge goes farther and is a court order that prohibits creditors from trying to collect. There are some debts that bankruptcy Chapter 7 near me in Boston Massachusetts doesn’t operate on. The preceding steps assume that everything in your case proceeds as initially intended and anticipated, which is practically always the case.
BILLS, CREDIT CARDS, AND CREDIT SCORES
In addition to handling your money better, what about getting smarter when it comes to paying your bills, picking credit cards, and checking your credit ratings?
REGULARLY CHECK YOUR CREDIT SCORES
We recommend strongly that you check your credit ratings regularly to guarantee everything is up to date and accurate. You’ll need to ensure that any closed accounts are- indicated as secure and that present and previous addresses are valid.
CHALLENGE ENTRIES THAT ARE INCORRECT ON YOUR- CREDITS SCORES
Even if you’re not looking for a credit or credit card, then you might still require your credit rating to be as fantastic as possible. Your credit rating could also be why you don’t receive a mortgage, or a landlord does not want you as a tenant. You can dispute erroneous credit report entries and receive your credit reports corrected and updated.
PAY YOUR BILLS ON TIME EVERY MONTH
Should you pay your invoices manually, you will need to pay them on time every month. Just one missed payment may influence your credit rating to cover your accounts or do it in your commute on the train. Maybe now is the opportunity to automate as many bill payments as possible.
CHANGE THE DUE DATE OF YOUR BILLS
If you can and wish to, why don’t you change the due date of your invoices so that you know you have undoubtedly got the money to pay them? Maybe you get paid at the end of the month; therefore, paying your debts in the first week rather than the previous week of the month makes more sense.
Remember, if you don’t pay off the balance in full, you will be paying attention, which you want to avoid. Rather than splashing out on something expensive that you can’t afford, you can use your charge card for gasoline or markets only and cover it back in full each month.
DON’T RELY ON YOUR CREDIT CARD FOR REGULAR EXPENSES
If you regularly use your charge cards to pay rent or rely upon them to purchase gas or groceries as you often run out of cash, you must instantly address your fiscal situation. Paying for gas on your credit card and then paying it back at the end of the month is different from paying for petrol on your credit card as you have no money.
PAY OFF YOUR CREDIT CARD IN FULL EACH MONTH
If you use your credit card wisely, you will be able to repay your credit card debt in full each month for purchasing things you would have bought anyway. Avoid paying the minimum sum, or you will be paying it off for quite a while, and that single purchase will work out too pricey. Utilize an online credit card calculator to understand how much you can save by paying back a predetermined sum compared to just the minimum.
DON’T SPEND MONEY BUYING THINGS BECAUSE THEY ARE CHEAP OR RIGHT IN FRONT OF YOU
Everywhere you go, there are sales, special offers, and bargains. With tempting screens and innovative marketing, you may quickly wind up spending more than you ever thought you would, in shops you would never usually go in. Bear in mind, 50% off nonetheless means that you’re spending money on something you did not even know about or desire a moment ago.
DON’T BUY THINGS FOR THE KIDS to KEEP THEM QUIET
While you might be- tempted to get the kids something to play or eat to keep them quiet, it may backfire. They will soon learn this procedure and expect a treat all the time if you are only going to the shop or visiting friends and relatives. Maybe you could maintain some suitable toys in the vehicle or let them take their portable games consoles together for longer journeys.
No matter how awful things are, retail therapy isn’t the answer.
Maybe lunch with a friend or colleague will solve your problems much better than purchasing more golf shoes or clubs you know you’re never going to wear. Why don’t you try phoning a friend or going for a walk instead? If this doesn’t work, doing something extravagant like buying a fancy java, indulgent bit of cake, or bathtub of ice cream is much cheaper than buying everything in sight.
Saving cash is about spending wisely, rather than preventing spending altogether. Sometimes a deal is too good to overlook, or there’s an offer on products you purchase anyway, so you would be foolish not to take advantage of them. But with creative and advertising marketing, you might now be spending more than you thought about things you do not use or need.