In 2005, the U.S. bankruptcy laws were significantly revised. In spite of these 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 an attractive option.

Your financial fresh start can begin with one telephone call to the {%1n}. From offices in Franklin, we help Massachusetts residents start over and begin a new life without the burden of debt.

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

Misconceptions About Bankruptcy

We want you to know that there are options for financial relief. While your circumstances may seem dire now, you can start anew by filing bankruptcy. Chapter 7, also known as “liquidation” bankruptcy, allows you to get rid of most or all of your unsecured debt (such as credit card bills, medical bills and past-due utility charges), freeing you from debt collection and creditor harassment.

There are forms of debt relief that allow people to save their homes and assets from debtors.

Common misconceptions about the process cause many people to hesitate when considering bankruptcy. It is important to us to 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 making late 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.

Schedule A Free Consultation Today

For more information or to schedule an appointment with an experienced lawyer, please send us an email or call our Franklin office at {%2n}.

We represent clients in Milford and surrounding areas from our Franklin offices.

We are a debt relief agency as defined by the Bankruptcy Code, 11 USC § 101(12A)