Alleviate the Stress of Bankruptcy
Why Call our Low-Cost Bankruptcy Center When Considering Chapter 13 or Chapter 7 Bankruptcy in Springfield?
First Call Bankruptcy Center Law Office, you receive personalized service from an experienced Springfield bankruptcy attorney Don MacDonald, without traveling to our office or appearing in court. You can work with us from the convenience of your home ~ and, in many cases, retain your attorney for $0 down.
- Keep your home, vehicles, and retirement accounts.
- Stop foreclosure, the creditor.
- Harassment and wage garnishment
- Eliminate debt, and restructure mortgages and loans.
REASON(S) FOR CONSIDERING BANKRUPTCY
WORK WITH A BANKRUPTCY ATTORNEY IN SPRINGFIELD, MA
If filing for bankruptcy is your best option for getting out of debt, you don’t have to struggle to figure out the process alone. Our bankruptcy attorneys’ Law Firm can give you professional guidance, help with paperwork and work to lift the burden of debt off of your shoulders. Reach out now to make an appointment in Springfield, MA.
SIMPLIFY THE BANKRUPTCY PROCESS
When it comes to filing for bankruptcy, many people don’t know where to start. You’ll be glad you chose to work with our experienced bankruptcy attorney because we’re:
EFFICIENT: We’ll work to prevent delays in the process. Call our experts to schedule an appointment.
FREE CONSULTATION: You can start with a Free Consultation
KNOWLEDGEABLE: We’ll help determine whether Chapter 7 or Chapter 13 is right for you
HELPFUL: We’ll respond to objections filed by creditors or trustees
Chapter 7 and 13 Bankruptcy | Revere, MA
Bankruptcy is a legal process that can be complex, so it is important to find a qualified bankruptcy attorney to help you through it. Your attorney will help you determine if bankruptcy is the right option for you and, if so, which type of bankruptcy is most appropriate. Depending on your unique circumstances, you may choose to file for Chapter 7, 11, or 13 bankruptcy. It is important to understand that filing for bankruptcy is not a quick fix, and it comes with consequences. It can stay on your credit report for up to 10 years, and it may make it difficult to obtain credit in the future. It can provide relief through the automatic stay, However, if you are in a situation where bankruptcy is necessary, it can help you get a fresh start and possibly even save your home or other assets.
Automatic Stay
The automatic stay also applies to co-debtors. If you have a joint debt with another person, the stay will protect them from collection attempts as well. The stay will remain in effect until the bankruptcy case is resolved or until the court terminates it. Additionally, if the debt is discharged in bankruptcy, the creditor will no longer be able to pursue any form of collection against the debtor.
Chapter 7 bankruptcy is a form of bankruptcy. You can search Google near me for Springfield, zip codes we serve 01013, 01020, 01103, 01104, 01105, 01106, 01107, 01108, 01109, 01118, 01119, 01128, 01129, 01151, 01199 Massachusetts, which eliminates most of your unsecured debt, such as credit card debt, medical bills, and personal loans. This type of bankruptcy is also referred to as a “liquidation bankruptcy” because it requires you to sell off some of your assets in order to pay back your creditors.
Chapter 7 bankruptcy does not require you to make payments to your creditors, and it does not require you to reorganize your debts.
Chapter 13 bankruptcy in Springfield, MA, is a type of bankruptcy that allows you to reorganize your debts and create a payment plan to pay them off over a set period of time. It typically requires you to make monthly payments to your creditors over three to five years. Chapter 13 bankruptcy also allows you to keep certain assets, such as your home and car, and it allows you to make up missed payments on your mortgage.
Chapter 7 Bankruptcy
Learn about filing for bankruptcy under Chapter 7, in Massachusetts and whether it makes sense for you.
Chapter 13 Bankruptcy
Understand what is involved in filing with an attorney for Chapter 13 bankruptcy and whether it is the best choice in your financial circumstances.
Bankruptcy Exemptions
Learn more about the legal exemptions and rules that could help you retain some of your property in after bankruptcy.
Bankruptcy Alternatives
Explore options on how you can help regain control of your finances before you file for bankruptcy w a lawyer in Massachusetts.
Frequently Asked Questions
Can I stop a foreclosure by filing for bankruptcy?
Yes, filing for bankruptcy in Springfield, MA, can stop the foreclosure process. However, it is important to note that filing for bankruptcy will not erase the mortgage debt. It will, however, provide the debtor with additional time to catch up on payments or explore other options to avoid foreclosure.
Will filing for bankruptcy eliminate my medical bills?
Yes, filing for bankruptcy can eliminate your medical bills in Springfield, MA. Bankruptcy can discharge many types of debts, including medical bills. However, it is important to note that it is not a guarantee, as certain criteria must be met for a debt to be discharged. A bankruptcy attorney in Springfield, MA, can help you determine whether your medical bills are eligible for discharge.
How long will a bankruptcy stay on my credit history?
In Springfield, MA, bankruptcy will stay on your credit history for up to 10 years.
Will I lose my car if I file for bankruptcy?
It is possible to lose your car if you file for bankruptcy in Springfield, MA. If the car is financed, the lender may be able to repossess the car. If you have equity in the car, the bankruptcy trustee may be able to sell it in order to pay creditors. It is important to speak with a bankruptcy attorney who can advise you as to your particular situation.
Bankruptcy Frequently Asked Questions and Important Info in Massachusetts
Pros and Cons of Filing Chapter 7 – Massachusetts
Understanding the Bankruptcy Process
5 ‘must-haves’ in a bankruptcy lawyer
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