Bankruptcy

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...

Chapter 13 bankruptcy operates a bit differently than Chapter 7. It’s designed for people who still have a stable income, so it’s often referred to as a wage earner’s plan. Under Chapter 13, you create a long-term repayment plan to address your debt, which may last...

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...

Money issues are one of the biggest factors in marital problems and one of the most frequent contributing factors to the decision to divorce. Various studies have been carried out on these matters. Statistics that have emerged include 35% of couples blaming their...

When you are considering bankruptcy to address insurmountable debt, it can feel like wading through a sea of misinformation.  Myths abound—some as alarming as they are untrue. Below, we debunk four of the most prevalent myths about bankruptcy to help you better...

Filing for bankruptcy can give you a fresh start, but choosing the right type matters. In Massachusetts, individuals typically file for Chapter 7 or Chapter 13 bankruptcy, each with different benefits and requirements. Understanding your options helps you make the...

When someone lives paycheck to paycheck, it means they must spend all of their earnings on necessities each month. Necessities include rent or mortgage payments, utilities, groceries, transportation and similar expenses. The individual has no money left for savings or...

People who are in debt often tire of dealing with collection attempts from their creditors. These can make it stressful to check the mail, texts or direct messages. Even answering the phone or the door may invoke stress.  Once a person decides that they can’t afford...

It’s safe to say that Americans use their credit cards a lot. In fact, recent reports say that credit card debt topped $1 trillion earlier this year. This is a record amount, with credit card debt being as high as it has ever been. Compared to last year, the total...