It’s an obvious first question that weighs heavily on many new clients’ minds:

“At the end of every seven years you must cancel debts. This is how it is to be done: Every creditor shall cancel the loan he has made to his fellow Israelite. He shall not require payment from his fellow Israelite or brother, because the Lord’s time for cancelling debts has been proclaimed.”


Please Note: Even if it might be in your best interest to do so, the law prohibits us from advising you to borrow money to pay the fees and costs necessary to get your case filed. However, it is not against the law for you to borrow money for this purpose. It is only against the law for us to advise you to do so. Under the law, it is O.K. for you to borrow money for this purpose in certain circumstances if you plan to pay it back.

Here are some the ways our clients have found the money to file:

  1. Cash on hand or in a bank account.
  2. Stop paying on debts that the bankruptcy is going to get rid of.
  3. Giving up a house or a vehicle? Stop paying the house or vehicle payments and using that money to file your case.
  4. Gifts from friend(s) or family.
  5. Borrowing from a friend or family member who knows how you will use the money.
  6. Taking out a 401K Loan.
  7. Using your tax refund.
  8. Temporarily keeping the 2nd or 3rd job.
  9. Getting a temporary 2nd or 3rd job.
  10. Taking a loan against your “cash value” life insurance policy.
  11. Moving in with someone else and staying long enough to save up the money.
  12. Having someone move in with you, who can help pay your monthly expenses, so you can save some money.
  13. Selling something.
  14. Getting an advance on your pay or a loan from your employer.
  15. Renting out a room long enough to come up with the money.
  16. Cutting out or cutting down on some unnecessary monthly expenses.
  17. Having your working age kids get temporary jobs.
  18. Considering sacrificing an asset you owe on to cut out an expense, so you can save up the money.
  19. Getting more hours at work.
  20. Thinking about increases in income or decreases in expenses you expect to occur in the next few weeks or months.
  21. Having your non-working spouse get a temporary job.
  22. If none of the above works, talk to us about the possibility of filing a Chapter 13 case instead. Chapter 13 requires less money up-front.