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Filing for Bankruptcy During the Pandemic
Calendar May 5th, 2020
The ongoing COVID-19 crisis is a scary and stressful time for everyone. If you were considering filing for bankruptcy but have decided to wait we can help you immediately. Unlike some other courts the United States Bankruptcy Court for the District of Massachusetts is almost completely digital. If you have...
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Updated Income Eligibility Standards for Bankruptcy
Calendar April 20th, 2020
The vast majority of individuals file either a Chapter 7 bankruptcy or Chapter 13 bankruptcy. Chapter 7 is typically referred to as the “liquidation” bankruptcy and Chapter 13 is typically called the “repayment” bankruptcy. A Chapter 7 bankruptcy case does not involve a long-term repayment plan. When you file a...
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Personal Bankruptcy Exemptions – What assets can you retain after filing for Bankruptcy?
Calendar November 13th, 2018
When you file an individual bankruptcy case under Chapter 7 or Chapter 13, you are permitted to retain your primary home and personal property with certain exceptions. Such assets or property you keep is referred to as exempt, and a creditor with a judgment against an individual cannot take or...
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Bankruptcy May Permit Owners of Closed or Failing Businesses to Avoid Repaying Business Related Debts
Calendar September 14th, 2018
If you are an owner of a failing or closed business and have incurred significant debts that you are now unable to repay you should be aware of an exception to the income eligibility rules for filing bankruptcy.  Many business owners take out commercial or business loans to purchase vehicles,...
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Is it time to consider Bankruptcy? Seven major signs it is time to call a Bankruptcy attorney.
Calendar June 25th, 2018
Are you only able to pay the minimum payments on your credit cards? If you are eligible for Chapter 7 bankruptcy you may be able to discharge or terminate these debts, without paying any money back. If not, Chapter 13 bankruptcy permits you to enter into a payment plan and stop the...
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