When you file for bankruptcy protection, all other legal actions against you are put on hold. Creditors cannot sue you, garnish your wages, repossess your car or home entertainment system, or start or continue with a foreclosure action against your home. There are different types of bankruptcy filings and each has its own advantages. Since bankruptcy can significantly impact your future purchasing power and credit rating, you should see a bankruptcy attorney to make sure the benefits of filling bankruptcy outweigh the consequences.

The Boston bankruptcy lawyers at Esher Rossi will discuss your financial restructuring options. Our bankruptcy lawyers serve all of Massachusetts including Boston, the Greater Boston MetroWest region, Cape Cod and the cities of Boston, Cambridge, Cape Cod, Framingham, Lowell ,  Newton, and Worcester.

You can file bankruptcy in Massachusetts without the assistance of a lawyer.  To ensure that you obtain the debt relief you need and protect your assets to the fullest extent possible, you should retain an experienced bankruptcy attorney. There are many steps and subtle nuances that are required in order to complete the bankruptcy process. If you make a mistake, you may lose significant assets that you hoped to keep. For example, if you want to exempt real estate in Massachusetts, you must record a declaration of homestead for the property. If you do not complete this step, your home may not be exempt and may be sold in a bankruptcy.

The MetroWest bankruptcy lawyers at Esher Rossi will discuss your financial restructuring options. Our personal bankruptcy lawyers serve all of Massachusetts including downtown Boston, the Greater Boston MetroWest region, Cape Cod and the cities of Boston, Cambridge, Cape Cod, Framingham, Lowell ,  Newton, and Worcester.

Credit card companies may want you to believe that. However, most wage earners with serious debt problems are eligible to file Chapter 7 bankruptcy. An experienced Greater Boston bankruptcy lawyer can help you file for Chapter 7 bankruptcy properly, even if other lawyers have said you are ineligible.

The Greater Boston bankruptcy lawyers at Esher Rossi will discuss your financial restructuring options. Our personal bankruptcy lawyers serve all of Massachusetts including downtown Boston, the Greater Boston MetroWest region, Cape Cod and the cities of Boston, Cambridge, Cape Cod, Framingham, Lowell ,  Newton, and Worcester.

Only bankruptcy offers you full protection from your creditors. While some of the businesses that provide debt consolidation services are reputable, others are not.  There are many types of business that promise to consolidate your debts. These businesses claim that you will pay pennies on the dollar to settle your debts. In far too many cases, people pay large fees to “credit counseling” firms, but eventually file for bankruptcy with an attorney because they do not get the debt relief they were promised.

The Quincy bankruptcy attorneys at Esher Rossi will discuss your financial restructuring options. Our bankruptcy lawyers serve all of Massachusetts including downtown Boston, the Greater Boston MetroWest region, Cape Cod and the cities of Boston, Cambridge, Cape Cod, Framingham, Lowell ,  Newton, and Worcester.

I live on Cape Cod and the down economy has taken its toll on my financial state. Most of my debt is credit card debt with three different cards. I want to file chapter 7 bankruptcy but I continue to use one of the cards for essentials. Does that mean I can’t file bankruptcy until I wait a certain amount of time?

Bankruptcy Attorney Answer:

You can file for bankruptcy protection, but it is possible that some of your more recent credit card debt may be deemed non-dischargeable, meaning you will still have to pay it back. The bankruptcy code says that non-essential credit card debt to any one card company that equals or is greater than $500 and was incurred within 90 days of your bankruptcy filing is presumed to be non-dischargeable.  Also, credit card debt of ANY amount and incurred at ANY time may, in theory, be deemed non-dischargeable if the card company can show that you knew or should have known that you would have been unable to pay it back.  An experienced bankruptcy lawyer can help you effectively navigate the Chapter 7 bankruptcy process.

The Cape Cod bankruptcy attorneys at Esher Rossi will discuss your financial restructuring options. Our bankruptcy lawyers serve all of Massachusetts including downtown Boston, the Greater Boston MetroWest region, Cape Cod and the cities of Boston, Cambridge, Cape Cod, Framingham, Lowell ,  Newton, and Worcester.

Bankruptcy Attorney Answer:

Generally speaking, in Massachusetts a denial of discharge means the debtor will remain liable for repaying the full amount of ALL of his debts.  A Bankruptcy Court can deny your discharge as a response to certain bad behaviors on your part, such as if you (the debtor) fail to take the required financial management course, make false statements under oath, conceal property that should have been part of the bankruptcy estate, or fail to obey a lawful order of the court.

In the instance of a specific debt, denial of discharge can mean that specific debt needs to be paid. For example, the bankruptcy court may notify you that your student loans are not dischargeable.  In that case, your bankruptcy case will move forward and all of your other debts may still be discharged.  Hiring an experienced Boston bankruptcy attorney is the prudent course of action filing bankruptcy.

The Boston bankruptcy attorneys at Esher Rossi will discuss your financial restructuring options. Our bankruptcy lawyers serve all of Massachusetts including downtown Boston, the Greater Boston MetroWest region, Cape Cod and the cities of Boston, Cambridge, Cape Cod, Framingham, Lowell ,  Newton, and Worcester.