Massachusetts Bankruptcy Law
A Massachusetts bankruptcy attorney is the last person one wants to call, but sometimes it becomes necessary. We help individuals resolve financial issues. As a MA bankruptcy attorney, we pride ourselves on the personal attention we devote to each client’s concerns.
If you have MA debt relief concerns or need assistance understanding MA bankruptcy law, consult with a Massachusetts bankruptcy attorney who will listen and help you with debt relief. A Massachusetts bankruptcy lawyer, like David W. Lima can often help you protect your assets even if it becomes necessary to file MA Chapter 7 bankruptcy or MA Chapter 13 bankruptcy. If you can’t pay the mortgage, we can even help save your home from foreclosure. If your home was foreclosed, we can stop collection of a MA mortgage deficiency.
It is very important that you talk with a bankruptcy attorney BEFORE you sell or transfer any property, take out a home equity loan, or cash out your 401(k) plan or IRA. To do otherwise will cost you assets that might have been saved. You do not want to pay your credit card debt with assets that can be protected in a MA bankruptcy, or take a loan for debt consolidation. The Law Offices of David W. Lima has many years of experience helping residents of Massachusetts make sense of bankruptcy law and their rights.
We can help you:
File a Massachusetts Chapter 7 bankruptcy case. Chapter 7 bankruptcy allows the consumer over a three or four month period of time, to wipe out most debts by having the United States Bankruptcy Court issue a Discharge of Debt. This option should be chosen by the consumer who is overwhelmed by debt and wishes to obtain a fresh start. A consumer filing for a Massachusetts Chapter 7 bankruptcy can keep his/her property that is exempted by federal or Massachusetts law;
File a Massachusetts Chapter 13 bankruptcy case. Chapter 13 bankruptcy allows the consumer who has regular income to have the United States Bankruptcy Court to approve a three to five year plan which allows certain past due debts to be paid off over a period of time and other debts to be satisfied by only paying a portion of the total amount owed. This option should be chosen by a consumer who is behind on mortgage or car loan payments and needs a substantial amount of time to repay the past due portion of these debts to the creditor. A Massachusetts Chapter 13 bankruptcy is also chosen by those consumers whose incomes are too high to allow a Chapter 7 filing and need to pay off a portion of his/her debts over a period of time and then have those debts discharged;
Negotiate with your creditors and obtain repayment terms without filing a bankruptcy case;
Save your home from foreclosure, reinstate or prevent foreclosure on your mortgage by filing a Massachusetts Chapter 13 bankruptcy.
When do you need to speak with a Massachusetts bankruptcy lawyer? Ask yourself these questions and if the answers are yes, you may need help now!
- Do you owe more debt than you can pay back?
- Are you are having trouble paying mortgage, credit card, medical, or other bills?
- Do you need to stop a foreclosure on your home?
- Are creditors constantly phoning or suing you?
- Do you need to stop creditors from suing you?
Whether you are experiencing trouble paying your mortgage, car loan or credit card debts, the bankruptcy laws exist to assist you in obtaining a fresh start or developing a plan to stabilize your economic life.
Attorney David W. Lima personally handles all Massachusetts Chapter 7 bankruptcy cases and Massachusetts Chapter 13 bankruptcy cases and is aided by an elite staff and state-of-the-art technology. Attorney Lima is a member of the National Association of Bankruptcy Attorneys. He has more than twenty years experience with MA bankruptcy law representing debtors. Call Attorney David W. Lima today for a free bankruptcy consultation.
Attorney David W. Lima handles Chapter 7 bankruptcy cases and Chapter 13 bankruptcy cases throughout Massachusetts including but not limited to the cities and towns of Ashburnham, Ashland, Athol, Barre, Berlin, Central Massachusetts, Metro West, Metrowest, Boylston, Clinton, Fitchburg, Framingham, Gardner, Holliston, Hopkinton, Hubbardston, Hudson, Lancaster, Leominster, Marlborough, Marlboro, Milford, Natick, Northborough, Northboro, Paxton, Shrewsbury, Southboro, Southborough Sudbury, Templeton, Upton, Wayland, Wellesley, West Boylston, Westborough, Westboro, Weston, Winchendon, and Worcester, Massachusetts.