Chapter 7

Massachusetts, New Hampshire, Maine & Rhode Island Bankruptcy Attorneys

CHAPTER 7 BANKRUPTCY

As area individuals face the ever-changing economy, with threats of lay-offs, constantly increasing debt and often continuous creditor harassment, it is easy to become completely overwhelmed and think there is no way. However, there is a solution through Bankruptcy. One of the main purposes of Bankruptcy is to Discharge or erase certain debts and to give an honest person a financial "fresh start."

Chapter 7 Bankruptcy is a Liquidation Bankruptcy Chapter. In a Chapter 7 Bankruptcy, individuals are able to discharge virtually all debt obligations, such as:

Foreclosures on real property, and mortgages you do not want to keep;
Repossession deficiencies, and vehicle loans you do not want to keep;
Credit cards;
Medical bills, including hospital and doctors fees;
Loans -Bank loans, credit union loans, finance company loans, personal loans, etc;
Back rent, telephone and utility charges in the arrears;
Attorneys, legal and Court fees;
Overdrafts and deficiency balances on bank accounts;
Storage fees, leases and rentals;
Record or book clubs;
Most business debts;
Most debts owed due to a car accident;

In a Bankruptcy, you are able to include debts that you have not paid for 10, 20 30 or more years, and those debts that are only a week old. Under a Chapter 7 Bankruptcy the debtor has no liability for Discharged debts. The Discharge releases individual debtors from personal liability for most debts and prevents creditors from harassment and from taking any collection actions against the debtor. Chapter 7 Bankruptcy is however, subject to some exceptions and therefore the individual debtor should consult an experienced Bankruptcy Attorney at FAMILYLEGAL before filing to discuss all of the various qualifications, time limits, exceptions and filing steps that must be completed.

Unless a party in interest files a Complaint objecting to the Discharge or a files a Motion to Extend the Time to Object, the Bankruptcy court will typically issue a Discharge Order relatively early in the case. Often this can occur within 90 days after the date first set for the Meeting of Creditors.

IS CHAPTER 7 BANKRUPTCY THE CORRECT OPTION?

A Chapter 7 Bankruptcy case usually results in a Discharge of debts. However, this is not absolute, and some types of debts cannot be Discharged. The U.S. Trustee's Office appoints an impartial Trustee whose job it is to administer the case and liquidate the debtor's nonexempt assets. It is important to provide any and all financial records or document that the Trustee requests.

To properly determine if a Chapter 7 Bankruptcy is the correct option, you should immediately contact an experienced Bankruptcy Attorney at FAMILYLEGAL. If you are looking for a solution to overwhelming debt, look no further.

By filing a Chapter 7 Bankruptcy you are able to immediately:

STOP Harassing collection calls
STOP Foreclosure actions
STOP Repossessions
STOP Wage garnishments
STOP Law suits & Court appearances
STOP Bill & collection actions
STOP Property attachments
STOP Feeling overwhelmed

However, even with the considerable benefits, many people considering Bankruptcy are afraid take the first step because they fear they may risk losing their assets and personal possessions. Please know that almost everyone that files Bankruptcy keeps all of their assets. Indeed, you could:

KEEP Your home
KEEP Your car & motorcycle
KEEP Your modest bank accounts
KEEP Your retirement accounts (pensions/401k/IRA)
KEEP Your personal property and possessions
KEEP Your Recreational vehicles
KEEP Your sanity and dignity

Life is short . . . get a fresh start and Contact us Today!

Top 10 Reasons TO CHOOSE FAMILYLEGAL

LARGEST Consumer Bankruptcy provider in New England

Attorneys Fees starting at only $499.00

Experienced Bankruptcy Attorneys

Ten (10) Convenient locations serving MA, NH, ME & RI

FREE advice over the telephone

FREE initial consultation with an Attorney

We will immediately speak to you and answer all of your questions

Evening & weekend appointments

We keep our clients informed of the status of their case

We make sure that our clients understand each step of their case

Please take a few minutes to explore the Biographies of our highly skilled and experienced Bankruptcy Attorneys. If you are facing foreclosure, harassing creditors, or overwhelming debt, we encourage you to Contact us to schedule a FREE initial Consultation with one of our experienced Bankruptcy Attorneys at one of our Ten (10) convenient office locations. There is no obligation. However, this FREE initial Consultation allows our Attorneys the opportunity to review your current financial situation, and offer you appropriate and effective options to meet your needs.

At FAMILYLEGAL, your initial Consultation with one of our highly skilled Bankruptcy Attorneys is always FREE. Contact us NOW for immediate help with your Chapter 7 or Chapter 13 Bankruptcy.

Harassing collection calls
Foreclosure actions
Repossessions
Wage garnishments
Law suits & Court appearances
Bill & collection actions
Property attachments
Feeling overwhelmed

Your home
Your car & motorcycle
Your modest bank accounts
Your retirement accounts (pensions/401k/IRA)
Your personal property and possessions
Your Recreational vehicles
Your sanity and dignity

Forclosures on the Rise

It�s been years since rogue mortgage market collapsed causing . . .