Chapter 7

Chapter 7 Bankruptcy

What Does Chapter 7 Bankruptcy Entail?

Personal bankruptcy is an established debt-relief tool that gives you options for managing your financial situation. It is not a sign of failure, but the first step on the road to your financial recovery and the “fresh start” provided by the Bankruptcy Code.

Did you know that filing bankruptcy stops all lawsuits? Did you know that it stops mortgage foreclosures and automobile repossessions in their tracks?

Are you a candidate for a Chapter 7 liquidation or a Chapter 13 wage earner plan? Are all your debts dischargeable or are some nondischargeable (such as taxes due to the IRS and the state in which you reside)? Will the amount of your debt place you under the scrutiny of the Office of the United States Trustee? By reviewing the specifics of your situation, we can formulate an effective plan of action to achieve the best possible outcome for you.

How To Determine If Chapter 7 Bankruptcy Is Right For You

If your unpaid bills are starting to look like an art installation on your kitchen table and creditor nuisance is constantly interfering with your peaceful existence at home and at work, the time may be appropriate to contemplate a bankruptcy filing.

The filing of a personal bankruptcy is not an easy decision. You are venturing into the unknown; a situation that is outside your frame of reference. The bankruptcy process can be mystifying if you do not have someone to guide you through it. The process can seem lengthy and complicated, so the importance of working with counsel who can offer you legal guidance every step of the way is essential.

The Law Office of Barry R. Levine has 40 years of experience in assisting individuals to use Chapter 7 bankruptcy to do what is it calculated to do: obtain for you a discharge of your debts and the “fresh start” promised by the Bankruptcy Code.

The Law Office of Barry R. Levine offers a free consultation so we can learn more about your financial situation and commence upon developing a strategy for extricating yourself from the situation in which you find yourself.

What Do You Need During Your First Consultation

In anticipation of your complimentary consultation, we suggest you bring certain documents and information with you that will enable us to review your situation and start to develop a strategy to get you through these tough times. These materials consist of:

  • A list of all creditors and the nature of their claims
  • The source, amount and frequency of all income
  • Information about your home, including what it is worth and what you owe
  • Information about your personal assets
  • A detailed budget with a list of monthly living expenses for the household, including things such as food, clothing, mortgage, utilities, taxes, transportation and medicine

Contact A Massachusetts Debt Discharge Attorney

If you decide that the filing of a Chapter 7 bankruptcy is for you, The Law Office of Barry R. Levine will assist you with every step of the process from determining if you are eligible for Chapter 7 relief and to assisting you in the completion of the paperwork necessary to make you filing possible. We will advise you on the necessary steps to obtain your fresh start.

To learn more about the debt relief available to you, please take advantage of our free consultation with an experienced attorney. Contact us online or call 978-419-2870 to schedule your free initial consultation with an experienced lawyer.