Chapter 7

Naatz Law Office–Chapter 7 Bankruptcy.

QUICK features of chapter 7:

  • It’s fast – usually 3-4 months from start to finish.
  • If you make less than the current median income for your family size for Massachusetts, you can file a chapter 7 case
  • If you make more than the current median income for your family size for Massachusetts, you can still file a chapter 7 case if you pass the means test
  • You don’t have to make monthly payments
  • You get to keep all your exempt property – exemptions vary from state to state.
  • You get to
    keep all your property, like your house and car, as long as you keep paying any loans due and you don’t have more equity than allowed under the exemptions
  • You have to give up any property which is not exempt – this can be a little or a lot depending on your particular case and state.  If you have non-exempt property you have options in regards to that property.

The Steps of Chapter 7 Bankruptcy

Step 1 -Talk with us: During or after the initial consultation, we will need to collect the documents listed under “—-” in order to prepare your Bankruptcy petition.  We will also provide you with an intake form that we will either fill out together or you can take home to complete. We can accept these documents by email or fax to speed the process and minimize the hassle to you.  Once we receive everything it usually only takes us a week to be ready to file your paperwork.
Step 2 – Credit Counseling: Before we can file any paperwork with the court, you are required to take a credit counseling class and obtain a credit counseling certificate. This is completed over the phone or internet for a small fee. This fee is included in your bankruptcy fee.  After completion, the company will send us a copy of your certificate.  We will file your certificate with your petition.
Step 3 – Bankruptcy Papers are Filed: After receiving all your documents and counseling certificate.  We will prepare your Bankruptcy petition and corresponding schedules.  You will then review the bankruptcy petition with us for accuracy and sign them.  We will file your bankruptcy petition with the court electronically. This allows us to file instantaneously and you immediately receive legal protection.  Within 24 hours after filing, we will provide you with your bankruptcy case number and the date for your creditor meeting.   If you receive phone calls from bill collectors, you can give the creditor your case number and our telephone number.
Step 4 – Financial Management Course: After your case is filed, you will need to complete a “Financial Management Course” approved by the United States Trustee’s office. This course is done over the phone or internet with the same company as your credit counseling course.  This fee is included in your bankruptcy fee.   After completion, the company will send us a copy of your certificate.  We will file your certificate with The Court.
Step 5 – Attend Meeting of Creditors: After your bankruptcy case has been filed, you will attend a meeting with Attorney Naatz in Springfield called a 341 Meeting or a Creditor Meeting.  At this meeting, a U.S. Trustee who is appointed to your case will interview you for short time and ask you some basic questions about your case. This meeting is mandatory, and you must appear with a Drivers License and Social Security Card. These meetings usually last only 5 to 10 minutes.  The creditor meeting is generally the only time you must make an appearance relating to your bankruptcy filing.
Step 6 -Waiting period and Discharge:  The Trustee and creditors are given 60 days after the Meeting of Creditors to object to various aspects of your petition. Although objections are rare, they do occur.  Quality planning and preparation will help prevent most objections. If there are no objections filed in your case, you should receive a discharge shortly after the 60-day waiting period expires.
Step 7 – Post-Discharge Asset Administration:
If there are any non-exempt assets to be turned over to the bankruptcy estate, your case will remain open until all of the assets are received and distributed.


To make an appointment….
Please contact us by phone at:
413-336-8300 or
Please email me using the contact form on the

Naatz Law Office, 1111 Elm Street, Ste 28,
West Springfield, Ma 01089. Disclaimer





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    We are located at: 1111 Elm Street, Ste 28
    West Springfield, MA.

    Conveniently off Riverdale Road, less then 5 minutes from I-91, Exit 13.  Parking is Free.