Completing a personal bankruptcy checklist prior to filing for bankruptcy can be an overwhelming. Navigating the petition can, however, is made much easier if it’s remembered that the information required in the petition can be divided into several easy-to-understand categories of figures. Assets A debtor’s bankruptcy filing has to list all assets so the extent...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
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
Co-Signors and Debt Discharge Filing for bankruptcy protection is a safeguard that enables a debtor to discharge his debts after filing for bankruptcy. He is therefore relieved of the duty to repay any outstanding debts. Unfortunately, any remaining co-signor or co-signors would still be responsible for the debt because the discharge is specific to the...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
