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Attorney James Grew
(781) 520-1758
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(781) 520-1758
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Terms of Use at This Website: The information at this website is not legal advice. Every legal case is
different and the statements on these pages do not address your
specific circumstances. If you have questions about how
bankruptcy law applies to your specific situation Contact
Attorney Grew for a free consultation. Call (781) 520-1758.
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Frequently Asked Questions About Bankruptcy
The following
information is not legal advice. Every legal case is
different and the statements below do not address your
specific circumstances. If you have questions about how
bankruptcy law applies to your specific situation Contact
Attorney Grew for a free consultation.
Frequently Asked Questions Related to Bankruptcy, Foreclosure,
and Debt Relief
What is bankruptcy?,
How can bankruptcy help me?
Am I eligible for a discharge?
Is my income too high for bankruptcy?
How do I get more information about bankruptcy?,
Which of my debts are dischargeable?
Can I keep my personal property?
What happens to my house?
What is the automatic stay?
What is a 341 meeting of creditors?
What is the difference between Chapter 7 and Chapter 13?
What is the role of the bankruptcy trustee?
Will filing bankruptcy ruin my credit?
What happens after my discharge?
How do I re-establish my credit?
What is Bankruptcy
Bankruptcy law is a system in which individuals,
businesses and other types of legal entities can find
protection from creditors. Bankruptcy law is Federal law
that is administered by the Federal Bankruptcy Court in each
state, which may have its own state law bankruptcy
provisions and local Massachusetts rules
How Can Bankruptcy Help Me
You may only determine if bankruptcy can help you after
speaking to attorney who regularly handles bankruptcy cases.
Attorney Grew provides every client with a free consultation
to assist you in determining if bankruptcy is right for you.
Understanding all the options begins with consulting with
professionals capable of understanding and solving your
particular problem.
Consumer bankruptcy (non business, farm or other legal
entity) provides two basic types of relief under Chapter 7
and Chapter 13 of the bankruptcy code. You can use the web
link to learn more details about each type of bankruptcy and
what it may offer you.
Which of Your Debts Are Dischargeable
Generally, speaking most individuals have both, secured
debts, such as car loans and home mortgages and unsecured
debt such as credit card debt, medical bills, personal loans
and even utility bills. The bankruptcy court treats
different types of debts differently. Attorney Grew can
assist you in understanding how each type of debts would be
handled in your specific situation. Contact Attorney J. Grew
Keeping Your Personal Property
Perhaps the most common question clients ask is whether
they will be able to keep their personal property. Most
often the answer is yes. Bankruptcy law provides numerous
exemptions that allow individuals and families to retain all
or most of their personal property. For individuals with
significant assets and personal property a careful analysis
needs to be done. You are required to disclose the amount
and types of personal property you own and there are a
number of bankruptcy provisions that address transferring
your property prior to a bankruptcy. It is important to
consult an attorney with any questions you have about
bankruptcy. Attorney Grew provides a free consultation to
every client. Call (781) 520-1758 to set up a convenient
appointment.
Preparing Your Bankruptcy Petition
Individuals can file for bankruptcy pro se (without an
attorney). However, most bankruptcies are prepared and filed
by attorney on behalf of their client because the process is
complex and it can be difficult to navigate your case
through the bankruptcy court. Also, Bankruptcy law provides
individuals immediate relief helping them afford the costs
of an experienced bankruptcy attorney.
The bankruptcy petition is a large document that requires
very specific information about your income, assets, debts
and creditors. You will be required to list all of your
assets, debts and recent income. Upon filing your petition
the automatic stay immediately is in place.
Contact Attorney Grew at (781) 520-1758 for additional
information, including answers to these questions:
* What to do when creditors do not adhere to your
discharge?
* What does the "automatic stay" do?
* What is the bankruptcy estate?
* What happens at a 341 meeting of creditors?
* What is a reaffirmation agreement
* Understanding the Trustee's Role
* Obtaining your discharge
Contact Attorney Grew at (781) 520-1758 for a free
initial consultation and to review your options.
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