Bankruptcy is a federal law. It is intended to give people a fresh start free of all the debt that they cannot pay. In bankruptcy a person either gets released from their dischargeable debts (Chapter 7) or reduces their debts to a manageable level, maintains a monthly payment plan for three to five years and then gets released from their remaining dischargeable debts (Chapter 13). Although bankruptcy certainly helps people out of some impossible financial situations, the existence of bankruptcy laws is meant to promote the kind of entrepreneurial risk taking that the U.S.economy depends on for growth. To encourage a certain amount of risk taking, there must be a path to financial freedom if things don’t pan out and you land in an impossible financial situation.
For a FREE bankruptcy consultation from one of our Massachusetts bankruptcy lawyers just fill out the Free Evaluation form below, or call (508) 655-6085 today.
Our Massachusetts bankruptcy lawyers have numerous years of experience handling Ch. 7 bankruptcies for Massachusetts residents, and we work with clients from anywhere in the State. Don’t get stuck with an inexperienced bankruptcy lawyer. You owe it to yourself to contact our offices for a totally free consultation and case evaluation. Let us help you get your life back on track if you are dealing with bills that are piling up, being sued by creditors, faced with having your paycheck garnished, or the bank is threatening to foreclose on your house. Our office will match or beat the fee quoted to you by any other experienced bankruptcy attorney. […]
We work everyday with Massachusetts residents and businesses who don’t qualify for bankruptcy protection under Chapter 7 of the Bankruptcy Code. Chapter 13 reorganization bankruptcy is especially helpful to homeowners who owe past-due amounts on their mortgage(s), or for people who want to “cram down” their automobile loan(s). Contact our office today for more information about Chapter 13 bankruptcy and for a totally free consultation. Our Match & Beat fee policy applies to Chapter 13 fees as well. […]