Despite What You Have Heard, Chapter 7 Bankruptcy Is Still An Option

Your financial fresh start can begin with one telephone call to the Law Offices of Ira C. Yellin, LLC. From offices in Franklin, we help Massachusetts residents start over and begin a new life without the burden of debts.

Massachusetts Bankruptcy Laws Have Changed Substantially

In 2005, the U.S. bankruptcy laws were significantly revised. In spite of the substantial changes, Chapter 7 is still a viable option for most people. To qualify for bankruptcy protection under Chapter 7, you must meet certain income and expense thresholds. In the vast majority of cases, individuals still qualify for Chapter 7. For those who do not, filing Chapter 13 is often an attractive option.

A Chance To Start Over Through A Chapter 7 Bankruptcy Filing

At Law Offices of Ira C. Yellin, LLC, we want you to know that there are options. While your circumstances may seem dire now, you can start anew by seeking bankruptcy protection. Chapter 7, also known as "liquidation" bankruptcy, allows you to discharge most or all of your unsecured debt (such as credit card bills, medical bills and past-due utility charges), freeing you from the burden of debt collection and harassment.

Can you keep your house if you file bankruptcy? There are forms of debt relief that allow people to save their assets from debtors. Please visit our FAQs page to answer this and other questions.

Common misconceptions about the process cause many people to hesitate when considering a bankruptcy filing. It is important to us that we educate our clients, letting them know how the system really works. For example, avoiding a bankruptcy filing because you are worried about damage to your credit rating is most likely a false concern. If you have been late making payments or have debts that have gone to collection, your credit rating has already been damaged. Chapter 7 could actually result in a better credit score, since it wipes the slate clean.

To learn more about how Chapter 7 bankruptcy can help you find relief from debt, contact our attorney today. Call us in Franklin at 508-528-8885. You can also send us an email.

Filing for a discharge of your debt under Chapter 7 is nothing to be embarrassed about. You are not doing anything wrong; you are only exercising your right under federal law to free yourself from the burden of debt.

Schedule A Free Consultation With A Chapter 7 Bankruptcy Attorney

For more information or to schedule an appointment with an experienced lawyer, please contact The Law Offices of Ira C. Yellin, LLC today. You can also send us an email or call us in Franklin at 508-528-8885. We represent clients in Milford and surrounding areas from our Franklin offices.

When representing consumer debtors in connection with bankruptcy, Law Offices of Ira C. Yellin, LLC, is a debt relief agency as defined by the Bankruptcy Code, 11 USC § 101(12A).