Massachusetts Chapter 13 Attorneys
Financial problems are increasingly common these days. If you are feeling overwhelmed by debt, it is important to know that you have the power to regain control of your financial life. At Gilbert Law Offices, P.C., we help people in financial distress find debt relief through filing Chapter 7 and Chapter 13 personal bankruptcy.
Chapter 7 Bankruptcy
Chapter 7 bankruptcy allows you to discharge your unsecured debt soon after your hearing, allowing you to make a fresh financial start. It eliminates your credit card debt, as well as medical bills, payday loans and certain personal loans. In exchange, a court-appointed trustee liquidates assets not exempt by law, using the proceeds to pay your creditors. As your lawyers, we will maximize your exemptions, helping you retain most, if not all, of your possessions.
To qualify for liquidation bankruptcy, you must pass the bankruptcy means test, which takes your income and expenses into account. Our Weymouth Chapter 7 bankruptcy lawyers can determine whether or not you are eligible for this type of debt relief.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy is an income-based repayment plan in which your unsecured debt is rolled into one monthly payment that you make over a period of three to five years. After that time, any remaining unsecured debt is discharged. This type of consumer debt relief is designed for people with a regular income who want to protect certain assets, such as a house or car.
Which Type of Bankruptcy Is Right for Me?
During a free consultation, our attorneys will:
- Evaluate your financial situation, including your assets and liabilities
- Advise you whether Chapter 7 or Chapter 13 bankruptcy is right for you
- Walk you through the debt relief process
It is important to note that not all debt can be discharged with bankruptcy. You will still owe taxes, alimony, child support and student loans. However, most people find that with their other debt eliminated, they are able to pay other expenses.
Start Rebuilding Your Financial Footing - Contact A Weymouth Bankruptcy Lawyer
Contact us online or call 781-347-1928 or 866-699-8738 to arrange a free consultation. Our regular office hours are 9:00 a.m. to 5:00 p.m., Monday through Friday. However, evening and Saturday appointments are available upon request.
Our office is located between Good Brothers Dodge and the Quincy Credit Union in Weymouth.
Our fees are competitive. We accept credit cards.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
