If you car is worth less than what you owe, you are paying excessive interest and that is equal to your loan servicer ‘stealing’ from you. You can cut interest rates, reduce loan balance and significantly reduce your total loan amount by cramming down your auto loan in Chapter 13 bankruptcy. A cramdown puts Chapter...Read More

A divorce can be tricky enough on its own, but it can get very complicated when it is combined with bankruptcy. If you find yourself in this situation, make sure that you contact a bankruptcy attorney who can help you sort out all of the details. There are a number of important things to consider...Read More

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

Declaring bankruptcy can be a scary thing. The best thing you can do to take some of the fear out of this situation is to have a better understanding of what will happen with this process. One of the things you should know is what you can keep with bankruptcy. There are a few things...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

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...Read More

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...Read More

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...Read More

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...Read More