Massachusetts Bankruptcy Center | Bankruptcy Law Firm

  When debt becomes difficult to manage, understanding your legal options can offer much-needed clarity. Massachusetts Bankruptcy Center helps individuals discover bankruptcy options appropriate to their financial circumstances. If creditor pressure, lawsuits or overdue bills start to creep into everyday life, an experienced chapter 13 bankruptcy lawyer can help. Depending on your eligibility and the type of bankruptcy you file, legal protections may help stop or address certain collection activities. These activities may include wage garnishments, foreclosure proceedings, vehicle repossessions, eviction actions, and persistent debt-collection calls. Bankruptcy also can be an orderly way to handle qualifying credit card balances, medical bills, certain tax debts and other debts. Some Chapter 13 cases may provide options for homeowners regarding a junior mortgage or certain liens. If you have back taxes or student loans , an attorney specializing in bankruptcy can advise you how th...

A Chapter 13 bankruptcy lawyer can assist in understanding which debts may be discharged and how a repayment plan can facilitate long-term financial recovery. Chapter 13 offers a structured repayment process for those seeking debt relief, and certain remaining qualifying debts may be eliminated upon successful completion of the plan. The debts that can be discharged depend on the situation and may include credit card balances, medical bills, certain unsecured personal loans, and some debts from negligence or breach of contract. Certain tax liabilities might be forgiven as well, but tax debts have particular legal requirements. Not all debts are eligible, so it is important to talk to a bankruptcy lawyer about your financial situation before you make any decisions. Student loans are not discharged in a typical Chapter 13 discharge. The law regarding student loans in bankruptcy can be complicated and there may be exceptions or other legal procedures. Other debts also may be collectible...

  The right papers need to be filed to begin a Chapter 13 bankruptcy case. To assess your situation, prepare your petition, and develop a workable repayment plan, an experienced chapter 13 bankruptcy lawyer will need accurate financial information. The Massachusetts Bankruptcy Center helps individuals throughout Massachusetts learn what information they should gather when looking for debt relief. Your attorney may ask to see several types of financial records. These may include recent federal and state income tax returns, income information such as pay stubs or profit-and-loss statements, and information needed to determine your household income and expenses. Homeowners may also need mortgage statements, property deeds and any applicable homestead documentation. Also important are records of your debts, such as statements for vehicle loans, other secured obligations, credit cards, medical bills, and personal loans. You may also be required to provide bank statements, retirement ac...

  If you are being bombarded with collection calls, wage garnishments or foreclosure notices and it is causing financial stress, learning about the automatic stay is an important first step. An experienced chapter 13 bankruptcy lawyer can explain how this legal protection works and whether it could be right for your situation. Massachusetts Bankruptcy Center helps people throughout Massachusetts use the protections available under bankruptcy law to pursue meaningful debt relief. An automatic stay is a protection ordered by the court that generally goes into effect the moment a bankruptcy case is filed. It immediately stops most collection actions against the debtor, giving individuals time to get their financial affairs in order without the constant pressure of creditors. In many cases, the automatic stay can stop collection lawsuits, wage garnishments, foreclosure proceedings, vehicle repossessions, bank levies and collection calls while the bankruptcy case is pending. The automa...