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How Can I Afford to Pay for Bankruptcy?

If you are considering filing for bankruptcy in the Boston area, then you are in financial trouble and are probably also asking yourself how you will be able to pay for this process. Using a credit card without the intent to pay the charge back is fraud. Therefore, you will want to talk to a bankruptcy attorney to see what they can do for you.

If you are filing a Chapter 7 bankruptcy, you will need to pay up-front for the attorney fees and filing fee. You will be able to stop making payment to your creditors and be able to use that money to pay your bankruptcy lawyer as well. On the other hand, in a Chapter 13 bankruptcy, you will likely be paying monthly payments throughout the bankruptcy process – around 3 years.

Categories: Bankruptcy