Consumer Bankruptcy Overview: Exempt Property and Bankruptcy Options
Millions of Americans suffer from overwhelming debt. A job loss, divorce, injury or other unexpected event can severely affect your ability to repay those debts or stay financially afloat. Remember that you have rights and options to combat unmanageable debt.
At the Law Office of Daniel Gindes in Salem, Boston, and Lawrence Massachusetts, we offer a broad range of legal services focused on helping individuals, families and businesses take control of their debt and get a fresh start through bankruptcy.
Chapter 7 bankruptcy is a debt relief option that allows you to get rid of all unsecured debt, including credit cards and medical expenses. In fact, we can erase almost every kind of debt you may have, with just a few exceptions (taxes, child support and student loans). Eliminating most of your debts will allow you to get back on your feet and to rebuild credit. The complete elimination of unsecured debt may be the answer you need to achieve financial independence. As a Salem Chapter 7 attorney, Dan can help you to:
- Stop harassing phone calls to you, your family or friends
- Stop wage garnishment
- Stop law suits
- Eliminate a warrant or Capias issued for your arrest
- Stop the repossession of your car or other property
- Eliminate debts from a house that was foreclosed upon
- Eliminate credit card debt, personal loans, and almost all other debts
- Protect your retirement accounts home, and other property
- Get the fresh start you are entitled to
Unlike Chapter 7, a Chapter 13 bankruptcy is a debt reorganization process giving you the ability to reorganize debts, minimize interests and fees, and protect your property. Chapter 13 is usually a better option if you are behind on your home or car payments, you are facing a foreclosure or you simply need to get control of debt so that you can continue to make payments to creditors.
As your legal advocates, we will take the time to review the individual circumstances of your case, explore your options and pursue the best possible resolution for you and your family.
"Injustice anywhere is a threat to justice everywhere."
— Martin Luther King, Jr.
If your rights are at stake, call 978-741-4320 for a free consultation or contact us by e-mail to arrange a case evaluation. Our Massachusetts consumer bankruptcy lawyer is focused on delivering the counsel, advocacy and the results you need. Se habla español.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
