Boston, MA (MMD Newswire) October 21, 2011 – -The foreclosure crisis in Massachusetts and elsewhere in the USA is a complicated issue governed by a variety of self-interests. These are being played out at the emotional and financial expense of those with the greatest need. In August of this year, Massachusetts posted an alarming, single...Read More
Credit Card Debt Credit card debt cases are accelerated as we over leverage ourselves and live beyond our means. A continuous rise in the default cases is in turn weakening the complete financial system. The problem seems similar to the mortgages gone bad dilemma. People are lagging behind in their credit card payments, number of...Read More
Filing bankruptcy is never an easy decision to make. When a person has fallen into too much debt, then it is usually a last resort. However, filing bankruptcy does not mean that your credit is ruined forever. The action stays on your credit report for seven to ten years, but there are many things that...Read More
Filing for bankruptcy can be a difficult yet necessary decision. A Chapter 13 filing allows debtors with valuable assets such as property to reorganize their debt and repay creditors according to a plan devised in consultation with a bankruptcy attorney and the Chapter 13 Trustee. Those wishing to file for Chapter 13 in Massachusetts should...Read More
The number of foreclosed homes has set new records in August, 2011 in Massachusetts. There were 900 foreclosure processes completed in the month. According to the Warren Group report on foreclosures, the activity has seen an upward trend starting from the month of November last year. The number of completed foreclosure deeds is lesser in...Read More
Three states conducting their own probes of residential mortgage practices are resisting broad liability releases sought by banks to settle a nationwide foreclosure investigation. The banks, in settlement talks with state and federal officials, are seeking releases that would protect them from future legal liabilities. Massachusetts Attorney General Martha Coakley said yesterday she won’t endorse...Read More
The Bankruptcy Law Office of Brian R Lewis specializes in Chapter 7 Bankruptcy and Chapter 13 Bankruptcy, these are the two most common types. Chapter 7 and Chapter 13 bankruptcy can be used in both personal bankruptcy and business bankruptcy but please call us to discuss the best option for our situation. Chapter 7 Bankruptcy...Read More
