Bankruptcy
Are you struggling with debt in Lynn, MA?
If you’re feeling overwhelmed by debt, you’re not alone. Millions of Americans are in debt, which can be very difficult to deal with. If creditors are harassing you or feeling like you can’t see a way out, you may want to consider filing for bankruptcy.
Our bankruptcy lawyer in Lynn, MA, can help you get a fresh start.
Bankruptcy is a legal process that can help you get out of debt and start over. There are different types of bankruptcy, so our lawyer will help you understand your options and choose the best one for your situation.
We offer free consultations, so contact us today to learn more.
We understand that filing for bankruptcy can be daunting, but we’re here to help you every step of the way. Our bankruptcy lawyer in Lynn, MA, will work with you to understand your options and choose the best one for your situation. We’ll also help you file your paperwork and represent you in court.
Schedule a free consultation today and let us help you get a fresh start.
Are you thinking about filing for bankruptcy in Lynn, MA?
If you’re considering bankruptcy, it’s important to talk to a bankruptcy lawyer first. A bankruptcy lawyer can help you understand your options and choose the best action for your unique situation.
Here are some common myths about filing for bankruptcy in Massachusetts:
- Myth: Filing for bankruptcy is immoral or wrong.
- Fact: Filing for bankruptcy is a legal process allowed by federal and state law. It can be a way to get a fresh start and boost the economy.
- Myth: Filing for bankruptcy means you will never be able to rebuy a house or car.
- Fact: Filing for bankruptcy can affect your credit score, but it is possible to rebuild your credit and make major purchases in the future.
- Myth: Bankruptcies are public records, and everyone will know if you file.
- Fact: Bankruptcies are public records, but most people will only know if they actively search for that information.
- Myth: You will lose everything if you file for bankruptcy.
- Fact: Some assets are protected from bankruptcy, such as your home, your retirement savings, and your vehicle. An experienced bankruptcy attorney can help you keep as many assets as possible.
- Myth: The new bankruptcy law makes filing easy for most people.
- Fact: While income limits and additional paperwork exist, most individuals still file for bankruptcy protection.
If you’re considering bankruptcy, don’t hesitate to contact us. We can help you understand your options and choose the best action for your situation. We offer free consultations, so contact us today to learn more.
Here are some bankruptcies FAQs for Lynn, MA:
Where is the bankruptcy court in Lynn, MA?
The bankruptcy court in Lynn, MA, is located at: United States Bankruptcy Court United States Courthouse 300 State Street Lynn, MA 01105
What are the hours of operation for the bankruptcy court in Lynn, MA?
The Clerk’s Office is open:
1) 8:30 a.m. to 5:00 p.m. on business days
2) 8:30 a.m. to 4:30 p.m. on business days to accept filings.
What are the filing fees for bankruptcy in Lynn, MA?
The filing fees for bankruptcy in Lynn, MA, vary depending on the type of bankruptcy case you file. For example, the filing fee for a Chapter 7 bankruptcy case is $338, while the filing fee for a Chapter 13 bankruptcy case is $313.
What are the requirements for filing for bankruptcy in Lynn, MA?
To file bankruptcy in Lynn, MA, you must meet certain conditions, such as:
- You must be a resident of the United States.
- You must have lived in the District of Massachusetts for at least 180 days before filing for bankruptcy.
- You must have a regular income.
What are the steps involved in filing for bankruptcy in Lynn, MA?
The steps involved in filing bankruptcy in Lynn, MA, are as follows:
- File a petition for bankruptcy with the court.
- Submit your financial information to the court.
- Attending a creditors’ meeting.
- Create a repayment plan (if you are filing Chapter 13 bankruptcy)
- Obtain a discharge from your debts.
What are the benefits of filing for bankruptcy in Lynn, MA?
The benefits of filing bankruptcy in Lynn, MA, include:
- Stopping creditor harassment
- Getting a fresh start
- Allowing you to rebuild your credit.
What are the drawbacks of filing for bankruptcy in Lynn, MA?
The disadvantages of filing bankruptcy in Lynn, MA, include:
- Bankruptcy will appear on your credit report for up to 10 years.
- You may have to surrender some of your assets.
- You may have to pay filing fees.
Overwhelmed by debt? Don’t know where to turn? Our bankruptcy lawyer in Lynn, MA can help. We have years of experience helping people get out of debt and start fresh. Contact us today for a free consultation.
This information is not legal advice and may not cover every aspect of bankruptcy.