If you are going to file for bankruptcy, one of the best things that you can do is to create a new budget that accurately reflects what you earn and what expenses you have. Start with those expenses that are unavoidable and happen every month, such as the rent or your payments for utilities, and then work down into the things that you can change if necessary, such as how much you spend on clothes or entertainment.

If you’re using Chapter 13 bankruptcy, a budget is a must. Chapter 13 creates a repayment plan after consolidating your debt. About three out of every 10 filings are Chapter 13. Since you have to make those monthly payments, you can work them into your budget to guarantee that you stay on track.

If you’re using Chapter 7, as roughly seven out of every 10 filings do, the budget can help you avoid resuming the activity that created the debt. Chapter 7 does wipe out that debt by liquidating your assets, but there is also a waiting period between bankruptcy filings. You do not want to quickly find yourself in debt again or there may not be any options since you cannot file for Chapter 7 again, say, the following year.

Either way, the key is to understand all of the bankruptcy options you have, how they are the same and how they are different, and how the type that you choose is going to impact the rest of your financial future. The more you know, the easier it is to plan for that future and use bankruptcy for financial success.

X

YOU MAY ONLY UTILIZE THE ONLINE PAYMENT SYSTEM TO PAY INVOICES ISSUED BY EVEY BLACK ATTORNEYS LLC.

Clients may NOT use the online payment system to pay any bankruptcy matter or inheritance tax imposed in an estate administration matter (Evey Black Attorneys LLC will not issue an invoice for these matters). Additionally, any municipal authority/township/borough sewer and/or water customer may NOT make any payment related to any delinquency for which this firm is collecting. Bankruptcy, estate administration tax matters and payments related to sewer and/or water delinquencies must be paid by cash, money order, certified bank check or personal check (personal checks in sewer/water delinquency matters or for inheritance tax payments may not be allowed in certain circumstances).

USE OF THE ONLINE PAYMENT SYSTEM IN VIOLATION OF THE ABOVE WILL RESULT IN EVEY BLACK ATTORNEYS LLC REFUNDING TO THE CREDIT CARD THE AMOUNT OF MONEY ORIGINALLY CHARGED, MINUS ANY TRANSACTION FEES EVEY BLACK ATTORNEYS LLC IS CHARGED, AND A $10 SERVICE CHARGE WILL BE IMPOSED. IN THE CASE OF A BANKRUPTCY PAYMENT, THE ENTIRE BALANCE WILL BE CREDITED AND THE CLIENT WILL REMAIN RESPONSIBLE TO PAY THE TRANSACTION FEES EVEY BLACK ATTORNEYS LLC IS CHARGED PLUS A $10 SERVICE CHARGE.

By clicking to proceed below, you are acknowledging you have read and understood the above restrictions on the use of the online payment system and agree to the charges set forth herein if you make a payment in violation of such restrictions.

PROCEED