Metrowest and Franklin, MA, Chapter 7 Bankruptcy Lawyer
By the time people consider bankruptcy, they've usually been struggling for a very long time. Chances are you've tried paying off one credit card, only to find yourself owing more. You may have tried to negotiate with your creditors, to no avail. You may even have worked with a debt advisor, only to discover you simply don't make enough money.
Today can be different.
Today you can take your first step toward a real solution to your debt problem.Talk to Milford, MA, Chapter 7 bankruptcy attorney Raymond Mastroianni to see if you qualify. Call our law office at (508) 473-8801 for a free initial consultation.
Chapter 7 Debt Relief
When you file for Chapter 7 bankruptcy, relief begins immediately:
- If you are facing foreclosure , the foreclosure proceeding will stop (temporarily)
- Collection calls will stop immediately
- Wage garnishment and seizure of your assets will stop.
Now you have time to breathe while we work with you to bring your case to a Massachusetts bankruptcy court.
At the end of the bankruptcy process, your unsecured debts, like credit card debts , medical debts and personal debts, will be completely gone. For secure debts, such as a home or a car, you will have the option to reaffirm your commitment to making payments. While you may have had trouble with your mortgage or car payments in the past, once you are free from sky-high credit card bills and other debts, you may now find that you can afford these monthly charges.
Do You Qualify for Chapter 7?
You must pass a means test to qualify for Chapter 7. If you cannot pass the means test, do not meet the income requirements, or you want to retain more of your assets than would be allowed with Chapter 7, you may qualify for Chapter 13. Learn more about Chapter 13 bankruptcy.
The Impact of Chapter 7 on Your Credit Rating
Most people delay talking to a lawyer about bankruptcy because they are afraid of what it will do on their credit rating. The truth is, your credit rating is already suffering. Late payments, partial payments, non-payments – all of these count against you. If you are a good candidate for bankruptcy, your credit is already in the tank.
Yes, a bankruptcy filing does stay on your credit record for seven years. But until you address your debt problem, you cannot really begin rebuilding your credit. Most people find that their credit rating begins to improve, usually within three years. Our Milford bankruptcy law firm can also help you with credit restoration services.
Take Action. Talk with a Chapter 7 Bankruptcy Lawyer
Take the first step in regaining control of your life and your finances. Contact our Milford law office or call (508) 473-8801.
- Flexible Appointments Available
- Home Visits
- Free Initial Consultation
