The current economy has led to difficult financial straits for many people. In the past few years an increasing number of people have been unable to pay their monthly bills, credit card minimums and home loans. If you have found yourself overwhelmed with your regular bills, filing for Chapter 7 or Chapter 13 bankruptcy can...Read More
Undoubtedly, bankruptcy itself can be a very confusing process that will often introduce a debtor to a world filled with complex concepts and legal terms. Regardless, an experienced New Bedford bankruptcy attorney may be able to help debtors to prepare a lot better for personal bankruptcy by teaching them about some of the key terms...Read More
While the national unemployment rate has dropped slightly, we still aren’t out of the woods. Even many who are working have fallen behind on payments, leading to risk of foreclosure. If you’re considering filing for Chapter 13 Bankruptcy to prevent foreclosure, here are a few things to consider first. Understanding Foreclosure Until your home is...Read More
Filing bankruptcy in Massachusetts is often looked at with a stigma of negativity when there are actually many benefits to filing. In fact, personal bankruptcy can be looked at as a “win-win” situation for the person who is filing. You get to keep your home, your car, your personal belongings but you also get to...Read More
Are your wages being garnished? If so, you are well aware of the stress that this situation causes. There was obviously not enough income to begin with or you wouldn’t have gotten behind on your payments but now that they are garnishing your wages this is certainly making the situation worse – not better. If...Read More
When making the critical decision to file for personal bankruptcy protection, there is a plethora of information available. In these days of the Internet, iPhones, and information about anything available with the dance of our fingers, it is always possible that we may not pick up on the best, or even accurate information. As with...Read More
Dear Action Line: I filed Chapter 7 bankruptcy as I could not make minimum payments on $15,000 in Capital One Financial credit card debt. The payment was $300 per month until they raised it to $750 per month! This I could not afford, so I filed bankruptcy. It wrote saying it was suing me for...Read More
This is a great article and Friendly Restaurants and ice cream are a New England tradition. I look forward to the bankruptcy helping them more forward. By Michael Bathon Dec. 29 (Bloomberg) — Friendly Ice Cream Corp., the 76- year-old restaurant chain, won court approval to sell the business, allowing it to be retained by...Read More
Are you struggling financially and considering filing personal bankruptcy? Many people struggle greatly with this decision because they are so worried about the ramifications of their choice. However, most people are unaware of the fact that there are several advantages to filing personal bankruptcy that should be taken into consideration as well. Finding Support While...Read More
The ink was barely dry on the bankruptcy filing of AMR Corp., the parent company of American Airlines, when Chris in Tulsa wondered “why companies can get away with things that individuals can’t.” “If I try to walk away from my debts and my creditors, everything in my life would be (messed) up for a...Read More
