What Advantages Does a Chapter 7 Bankruptcy Provide?

What Advantages Does a Chapter 7 Bankruptcy Provide?

Chapter 7 bankruptcies clear all debts eligible for discharge, allowing the petitioner to walk away from them forever. For those with large amounts of dischargeable debts, Chapter 7 often provides more advantages than Chapter 13. A bankruptcy attorney helps determine...
Personal Bankruptcy in 2021

Personal Bankruptcy in 2021

While filings for Chapter 7 and Chapter 13 bankruptcy are ultimately down in 2021, the situations that often lead to bankruptcy are on the rise. Bankruptcy doesn’t happen in a vacuum, nor does it happen overnight and plenty of those underlying bankruptcy causes were...
How to Select A Credit Counseling Agency for Your Bankruptcy

How to Select A Credit Counseling Agency for Your Bankruptcy

When you are having trouble paying your bills, the last thing you need is for a credit counseling agency to add to your problems by taking your money and not providing the services you expected. It’s important to your wallet and your financial future to take the...
COVID-19 Debt: Is Personal Bankruptcy a Solution? | Massachusetts

COVID-19 Debt: Is Personal Bankruptcy a Solution? | Massachusetts

COVID-19 has resulted in many households facing economic damage that would have been inconceivable before the pandemic. Many lost their jobs and had to go on unemployment; however, often, even with enhanced benefits, unemployment compensation has not been enough to...