For twenty five years, we have represented clients throughout Massachusetts who have significant debt and want to get a “fresh start” utilizing the federal and state bankruptcy laws. Chapter 7 Personal Bankruptcy is the quickest and easiest way to legally discharge consumer debts. The law enables you to discharge consumer debts, reaffirm secured debts such as motor vehicle loans and mortgages, and keep all of your qualified assets.
The filing a Chapter 7 bankruptcy case is generally a fast and easy process so long as you have proper legal guidance. After conducting a detailed intake with our clients, we then work diligently to complete the bankruptcy Petition and Schedules. In order to start the process, we need the following documents: drivers license, social security card, two years of federal tax returns, one year’s checking account statements, payroll statements for 3 months, a (free) credit report, and proof of credit counseling. These documents are generally free and easily available, except for the credit counseling certificates. Credit counseling certificates are obtained by completing a one to two hour long class online or over the phone. We provide all information for you, every step of the way.
Once we file the Petition with the Federal Bankruptcy Court, an “automatic stay” protects you from all creditor lawsuits, including foreclosure. It will stop the harassing creditor calls, too; after you retain our office to file Chapter 7 Bankruptcy, you can tell creditors to stop calling you and to contact us instead! After the bankruptcy Petition is filed, the Court assigns a Trustee, who evaluates your Petition, and sets up a Creditor Hearing within 30 days. We prepare our clients for the Hearing and represent them at the Hearing.
In 2005, amendments to the Bankruptcy law set up one main roadblock for our clients: they now must have income below the family median income limits in Massachusetts, or, complete a complicated “means test” to demonstrate that they qualify for bankruptcy. We explain all about the means test on our page The Means Test Demystified. We will perform the federal means test for all of our clients to determine eligibility. Notwithstanding the means test, the majority of our clients are able to qualify to file Chapter 7 Petition and have their debts discharged.
I am Neil Burns, and I have been helping folks file for personal bankruptcy in Massachusetts since 1985. We offer a free initial consultation on the phone or in the office. Our rates are competitive. We are effective and caring in taking care of your financial situation. Please call us today, or contact us online.