Chapter 13 Bankruptcy

Chapter 13 Bankruptcy in Massachusetts


Many people who are not familiar with bankruptcy do not know that Chapter 13 exists. A Chapter 13 is different than a Chapter 7, where you are essentially released of all your debts but will not get to keep any of your assets. In a Chapter 13, you keep your home and vehicle and will have 5 years (with interest stopped) to pay back what is owed on your mortgage and car loan. Most of your credit card and consumer debt will be erased entirely, with up to 90% of it forgiven. Another benefit of the Chapter 13 is that it stays on your credit report for a maximum of 7 years - and there are ways to start improving your credit right away so that you can have a very good credit score well before 7 years is up.
When you are choosing among Massachusetts attorneys to file a Chapter 13 on your behalf, make sure they do the work to enforce automatic stay violations - basically this means if your creditors continue to harass you in any way after you have filed for bankruptcy, your attorney can make them pay for it. Not all Massachusetts bankruptcy law firms that file Chapter 13's will do the work to stay on top of this.

Overall benefits of filing Chapter 13 Bankruptcy in Massachusetts include:
  • Stop foreclosure
  • Stop wage garnishment
  • Stop lawsuits and utility disconnections
  • Postpone student loan debt
  • Stop creditor harassment
  • Reduce debts up to 90% and create manageable payments for the rest.
  • Start rebuilding credit immediately
 
If you have any questions about working with a Chapter 13 lawyer in Massachusetts, please call us at the number below!
"When I got the foreclosure notice I was terrified. By that time I didn't want to answer the phone or open the front door. Michael changed that pretty quick. If you're thinking about calling, just call. That's all I can say. Make things easier on yourself."
     - Lorenzo, Taunton MA

Free Consultation


Sound legal advice is based on years of training, hard work, and passion.
You’ll find all that and more at Van Dam Law, LLP. 

You call us, or we will call you.

Mail Office:617.969.2900

Contact Us

Bankruptcy
Employment Law
Family Law
Real Estate
Share by: