You may have reached a point where bankruptcy is your only real option. You are trapped by debt and you need a way to get out from under it so that you can begin making forward progress once again; bankruptcy gives you a chance to start over, to start fresh. However, are you afraid that...Read More
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...Read More
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...Read More
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...Read More
When debtors realize that they have more debt than income and it begins to feel as if there’s no way out, it’s time to consider financial freedom through personal bankruptcy. There are a lot of different things to consider when filing for bankruptcy, such as the chapter that will help the debtor most and the...Read More
By Ira Kantor Monday, August 13, 2012 Nationwide bankruptcy filings fell sharply in the first six months of 2012 to 627,000, compared to 725,000 for the same period last year, according to a report issued today by CreditCards.com. In the Bay State, 9,118 people filed for bankruptcy in the first half of 2012, which represents...Read More
This is great news and every hopes it will continue. If you or a loved one is facing foreclosure or is overwhelmed with debt call the Law Offices of Brian R Lewis. Our experienced bankruptcy lawyers can help you keep our home and get a fresh start. NEW YORK (CNNMoney) — Foreclosure filings nationwide fell...Read More
When filing for personal bankruptcy in Massachusetts, you can have a multitude of questions. You may want to know whether one can keep assets like a home, car or furniture after filing for bankruptcy. Understanding which property may be exempt in your bankruptcy proceeding requires an understanding of the federal Bankruptcy Code and specific state...Read More
Many couples, when filing for divorce, often state that financial troubles are one of the main reasons their marriages failed. The rounds of arguing over who caused which debts, who spends money the most foolishly and which of the couple is the most responsible for pulling them out of debt are damaging. When the debt...Read More
When a person files for personal bankruptcy using either a chapter 7 bankruptcy or Chapter 13 bankruptcy, creditors must stop calling and pursuing any course of action to collect debts. This is known as an automatic stay, and it gives people filing personal bankruptcy protection from their creditors while they are undergoing the bankruptcy process....Read More
