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When declaring bankruptcy, your child might be directly involved. Their belongings might be considered for the means test calculation. This is why it’s crucial to have an open discussion with your child when considering bankruptcy. Here is what to keep in mind: Your...
If your landlord files for bankruptcy in Massachusetts, it's natural to question how that affects your lease and housing stability. Fortunately, the law provides meaningful protections to ensure tenants aren't left without options. Your rights as a tenant don’t vanish...
When people file for bankruptcy, their credit circumstances shift abruptly. They have immediate protection from ongoing collection activity, but they also lose access to their revolving lines of credit. The record of their bankruptcy may affect their credit...
Filing for bankruptcy is a major decision. One of the biggest concerns for filers is whether they will lose their home. In Massachusetts, the answer depends on several factors, including the type of bankruptcy you file and the amount of equity you have in your...
Tortious interference happens when someone deliberately harms a business relationship or contract between other parties. It often involves one company trying to disrupt a deal, contract, or ongoing business arrangement for its own gain. This kind of interference can...
Bankruptcy can be a vital lifeline for those struggling with overwhelming debt. When considering bankruptcy, understanding the differences between Chapter 11 and Chapter 13 can help individuals and businesses make informed decisions. Chapter 13: Reorganization for...
When filing for a Chapter 7 bankruptcy, certain assets will be categorized as exempt from seizure by the courts to pay off any claims by creditors. However, some assets might be declared nonexempt. If so, you might wonder which of your assets would be nonexempt and...
When you file for bankruptcy, there are a few different types that you can choose from. But it may not all be a choice. In some cases, you will qualify for one type of bankruptcy—such as Chapter 7—while not qualifying for another type, such as Chapter 13. To make this...
Once you decide it is time to pursue bankruptcy, you want the experience to proceed smoothly and successfully. Contrary to popular belief, you play a critical role in how your bankruptcy unfolds. One way to get off to a good start is by speaking with a legal...
If you’re dealing with wage garnishment in Massachusetts, you probably feel like your paycheck disappears before you even see it. Bankruptcy may offer relief. It can stop most types of wage garnishment, giving you a chance to reset your finances. How the automatic...