CALL US TODAY
978-494-6669
Bankruptcy is often associated with reckless spending. While this can certainly be a contributing factor, the reality is that it plays no part in most bankruptcy cases. Millions of Americans are currently struggling just to pay their bills, and this is through no...
Realizing that you have more bills than money every month is disheartening. It’s the factor that may make you recognize that you need to do something to reclaim control of your finances. Filing bankruptcy is one option that may help you to enjoy a fresh start. Once...
Bankruptcy is a process that allows people to resolve debt obligations. People often file for bankruptcy when their debt obligations become too much to handle. This could happen after building up lots of credit card debt, medical debt or late fees. Chapter 7 and...
Massachusetts law allows debtors to claim exemptions for some of their assets. You may, for example, claim a homestead exemption to protect your primary residence if you file for Chapter 7 bankruptcy. The Secretary of the Commonwealth of Massachusetts website notes...
According to Experian, the average American owes roughly $97,000 in debt. Bankruptcy might appear as a beacon of relief if you are facing a horizon filled with financial stress. However, you should not take the decision to file for bankruptcy lightly. How do you know...
Individuals struggling with overwhelming debt may find Chapter 7 bankruptcy to be a viable option. However, it is important to note that the courts will not discharge all debts in bankruptcy. To consider bankruptcy as a debt relief option, understanding...
If you find yourself in debt, you will also likely find yourself dealing with debt collectors. In most cases, they will follow the Fair Debt Collection Practices Act (FDCPA) well. In other cases, though, they may attempt to say or do things to get their money faster,...
Credit cards are an important part of establishing a solid credit history, which helps with home purchases and loan procurement. However, using credit incorrectly can lead to many poor financial outcomes, including bankruptcy. That is why you must use your credit card...