Bankruptcy

If you’re considering filing for bankruptcy, you likely have a lot of questions and concerns about how potential unintended negative consequences on your life. One concern you may have is whether employers can find out that you have a bankruptcy on your record.  If...

Filing for bankruptcy means making decisions that can significantly impact your life. One such decision is choosing an exemption system to use. In Massachusetts, you have two exemption paths to choose from. The right decision depends on your assets, goals and...

Personal bankruptcy offers numerous benefits. People can prevent aggressive collection activity once the court grants them an automatic stay. They can also discharge eligible debts after completing the bankruptcy process. However, the trade-off is that bankruptcy...

There are multiple types, or chapters, of bankruptcy available to people and businesses. Individuals filing for personal bankruptcy typically choose between Chapter 7 and Chapter 13 proceedings. Both forms of bankruptcy provide an automatic stay and may lead to a...

Individuals often turn to personal bankruptcy in emergency circumstances. After unexpected medical bills, sudden job loss and other hardships, they can file for bankruptcy to address their financial challenges. Depending on the situation, bankruptcy can theoretically...

Filing for bankruptcy is a big step in a person’s life, but it’s one that’s sometimes necessary when they have more expenses than income. Making this decision is never easy. It’s important for you to have all the information possible so you can make the decision...

People who file for bankruptcy often have considerable stress because of contact from creditors. Having to deal with calls, text messages and other communication from them can make it difficult to live a normal life.  Once a person realizes that their options for...

If getting a fresh financial start sounds like a dream for your insurmountable debt, chapter 7 bankruptcy could make it a reality. Qualifying typically means passing the bankruptcy means test. It determines if your income is low enough to file for chapter 7 and is one...

When filing for Chapter 7 bankruptcy in Massachusetts, the court will explore all possible avenues to repay your creditors before discharging the remaining debt. This will include ordering the bankruptcy trustee to sell any non-exempt assets you own. Understanding...

If you visit a Massachusetts hospital or other medical facility, you will likely have to pay a portion of the cost of any services rendered. If you cannot pay an outstanding medical bill, it may be possible to eliminate it by filing for bankruptcy. Medical bills are...