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Attorney Lewis
After a Massachusetts bankruptcy lawyer assists you with a bankruptcy, there are some steps you can take to begin rebuilding your credit. 1. Rebuilding credit and avoiding future debt problems requires you to live within your means. One step you can take to accomplish this is to develop a reasonable budget. The easiest method is...
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A Brockton bankruptcy attorney is often asked by a client if they will lose their house or car? Most of the time, the answer is no. Filing a Chapter 7 personal bankruptcy will allow you to discharge most of your debts, but not all of them. Under the Bankruptcy Act of 2005, certain debts can...
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Most people want to pay their bills but unforeseen situations can arise such as unemployment, divorce, health issues that create a financial hardship which makes paying the bills impossible. When a person gets over the fear of filing for bankruptcy they can embrace the positive elements and the fresh start it can bring. The positive...
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When a person has too much bad debt that he or she cannot manage, one of the few options that may be considered is filing a Chapter 7 bankruptcy. While this option may have a few disadvantages, the benefits outweigh the demerits by far. A person should hire an experienced bankruptcy lawyer to ensure that...
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Individual financial problems tend to have an unfortunate ripple effect for many people, and a manageable financial situation may unravel quickly due to a single unexpected expense. Falling behind in mortgage payments may be one of the most stressful financial issues to deal with, and the creditor calls can leave any homeowner feeling overwhelmed. Paying...
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You have recently emerged from bankruptcy, it is important to take a look at what caused the financial hardship and make sure you do not go down these paths again. Many people end up in bankruptcy due to bad luck (loss of job or medical issue) others have simply spent more than they could afford...
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Dennis Rodman, the infamous NBA star, is going to get no help from the bankruptcy courts in discharging the nearly $100,000 he owes in back child support. Child support and other domestic support payments are two of the few things that are not discharged in a personal bankruptcy When people file bankruptcy, they need to...
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For many Massachusetts home owners, the risk of foreclosure has been daily concern in this weak economy. Although the foreclosure crisis has slowed in Massachusetts over the last year, many will still face this unpleasant reality in 2013. What many people don’t know is filing for bankruptcy can help stop the threat of foreclosure and...
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1.) Don’t lie about assets. Anything in your name needs to be listed with your assets. What’s an asset? Anything you could sell or own according to the law. 2.) Don’t leave out creditors or debts. If you leave out a debt then they can come after you for the money. All creditors must know...
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By Herald Staff In August, lenders completed 566 foreclosures in Massachusetts — the lowest monthly level recorded so far this year, according to real estate industry tracker The Warren Group. The figures mark the third consecutive month of year-over-year foreclosure deed decreases and the lowest number of completed foreclosures in any month since February 2011,...
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