• What Are Exemptions Under the Massachusetts Bankruptcy laws?

    If you’ve made the decision to file for bankruptcy in Massachusetts (MA), you need to understand the exemptions available to you. Bankruptcy laws in Massachusetts differ slightly from the federal statutes on bankruptcy. Here are some exemptions granted by state laws for bankruptcy applications filed in Massachusetts: Place of Residence: Also referred to as the […]

  • What You Should Know About the Consequences of Filing for Bankruptcy

    Bankruptcy is associated with the clearing up of debt obligations, either through a full discharge, or a repayment plan. However, the reality is that not all debts are cleared away magically. An applicant for bankruptcy carries debt obligations which must be fulfilled before he or she can be declared debt-free. Bankruptcy is governed by rules […]

  • A Quick Guide to Filing Chapter 7 Bankruptcy in New Hampshire

    Filing for Chapter 7 bankruptcy in New Hampshire? Read our guide to help you. Before we start though, a few words of caution: Filing for bankruptcy is never an easy decision. You will likely mull over it and need to analyze other ways out before you zero-in on choosing bankruptcy as the way out. Bankruptcy […]

  • How to File Chapter 7 Bankruptcy in Massachusetts?

    If you happen to find yourself in debt that you cannot pay, bankruptcy provides you with a way out by restructuring the debt in such a way that you make payments over a period of time. Chapter 7 Bankruptcy in Massachusetts Filing Chapter 7 bankruptcy allows you to get a fresh start and to wipe […]

  • Why Should You Get Legal Help From A Bankruptcy Lawyer?

    It may not always be necessary to use the help of a lawyer, but when dealing with the complexities of bankruptcy, it can help to have a professional on your side. When an organization or an individual is unable to pay off their debts and initiates a court order to reorganize the debts and help […]

  • Filing time-barred proof of claims under bankruptcy. Violations of the law or not?

    Does filing a time-barred proof of claim violate the Fair Debt Collection Practices Act (FDCPA)? This is an issue which has witnessed divided opinions in the Circuit courts and the Courts of Appeals. Currently, the Supreme Court has granted certiorari, whereby it will review this in the case of Midland Funding LLC vs. Aleida Johnson […]

  • Chapter 7 Bankruptcy vs. Chapter 13 Bankruptcy

    Depending on your financial condition, you may be eligible for Chapter 7 or Chapter 13 bankruptcy. Chapter 7 bankruptcy is for those who fall below a certain defined income level; above this limit, the filing may need to be made under Chapter 13. Chapter 7 also takes less time for completion than a Chapter 13 […]