Is Bankruptcy A Solution for You?
Whether it’s you, your family, or a small business experiencing financial hardship in
this economy, sometimes filing bankruptcy is the best solution for your most difficult
problems.
You will see immediate benefits upon your bankruptcy filing. For example, an automatic
stay is imposed on all creditors, preventing them from any collection actions such as
foreclosing on your property, harassing you on the telephone, filing lawsuits against
you, putting liens on your home, seizing your paycheck, or putting a lien on your bank
account. Another advantage is the ability to have certain types of debt discharged
completely. For example, credit card debt, utilities, personal loans, income taxes over
three years old, judgments, and mortgage or auto loan deficiencies are totally discharged
in a Chapter 7 bankruptcy proceeding.
Our Boston Bankruptcy Law Firm Locations
Our Boston office serves the following locations, Boston, Brookline, Cambridge,
Charlestown, Dorchester, Hyde Park, Mattapan, Somerville, South Boston, Roxbury,
Everett, Revere, Quincy, Randolph, Braintree, and Weymouth.
Our Dedham office (adjacent to the courthouses in Dedham Center), serves the
following MetroWest communities, Dedham, Foxborough, Bellingham, Franklin,
Newton, Wellesley, Norwood, Westwood, Hudson, Littleton, Needham, Medfield,
Medway, Milford, Millis, Norfolk, Framingham, Walpole, Natick, Waltham, Lexington,
Burlington, Canton, and Stoughton.
Be Wary of Some TV Ads !
Don't be fooled by out of state credit card "settlement" companies. They don't work and they tend to locate out of state for a reason... many states have outlawed them !
Beware of the ads for "short sales." Remember two things about short sales... you will most likely leave the closing with no money and shortly thereafter you will receive a 1099 Form from the IRS regarding the forgiveness of debt, thus creating an income tax nightmare.
Watch out for "mortgage modification" negotiators. Typically, a high fee is required up-front and our experience in these matters shows that very few are ever approved and finalized for mortgage modification.