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Making the decision to file for bankruptcy usually occurs after you realize that you simply can’t keep making payments on your regular bills and your credit accounts. This is a major decision that often introduces many questions. One of those questions might be what’s...
Medical bankruptcy is not a separate type of bankruptcy. Instead, it refers to cases where overwhelming medical bills are the main reason someone files. Many people need emergency care that they did not expect and could not plan for. Suddenly, they owe hundreds of...
Filing for bankruptcy is a significant financial step that can raise concerns about your credit. Many people fear that it will permanently damage their ability to secure loans or credit. While bankruptcy certainly impacts your credit score, the damage is not...
The decision to file for bankruptcy is one that can have a major financial impact. It’s one way to address collection attempts and bills that just won’t stop coming, even though you don’t have the money to pay them. Filing bankruptcy is a legal way to address these...
Social media has transformed how people communicate, share ideas and discover trends. While it has created opportunities for businesses and individuals alike, it has also become a driving force behind lifestyle choices that can lead to financial trouble. Many users...
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...
You and your family are facing foreclosure. You have missed multiple mortgage payments because you have an overwhelming amount of debt. These could include medical bills, student loans, car loans, credit card debt and much more. You cannot pay everything, so you have...
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...