Upon filing a Chapter 7 bankruptcy, the bankruptcy trustee can take possession of your non-exempt property and sell it to pay your creditors. However, there are many types of property that are exempt. Many people who file Chapter 7 bankruptcy have lost nothing other than their debts.

The Braintree 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.