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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.

Chapter 13 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

Bankruptcy law offers several types of relief for debtors unable to manage their debt. Some clients may benefit from the protections offered in a Chapter 7 bankruptcy that discharges most or all of your unsecured debt such as credit card balances, medical and professional bills, judgments and past due accounts.

In many cases where individuals and families are behind on their home or other secured loan and facing default, foreclosure or repossession, a Chapter 13 "repayment plan" provides the necessary relief to keep your home while getting the benefits of a "fresh start" with unsecured creditors.

A chapter 13 is a debt repayment plan for individuals whose debt level meets the legal requirements. Chapter 13 usually allows individuals and families to keep their property by repaying their creditors with future earnings. Upon filing a Chapter 13 bankruptcy, you would submit a repayment plan. Generally, unsecured creditors will receive a small percentage of what is owed to them while your secured creditors will be paid in full over a period of up to 60 months. For example, if you are 4 months behind on your mortgage and facing foreclosure and you are past due on your automobile loan, a Chapter 13 plan would first stop any pending foreclosure on your home or repossession of your vehicle. Then, you would pay the past due amounts, administrative costs of the plan and a small percentage of our unsecured debts over time.

Although a Chapter 13 plan may sound difficult, it is relatively simple and allows individuals and families earning regular income to safely transition form debt to financial security.

Contact Attorney Grew at (781) 520-1758 for a free initial consultation and to review your options.

Attorney James Grew, 999 Broadway, Ste. 301, Stonehill Corporate Ctr., Saugus, Ma 01906
Telephone: (781) 520-1758
Fax: (781) 231-3273

Advertising Disclaimer. In accordance with rules established by the Supreme Judicial Court of Massachusetts. This web site must be labeled "advertising." It is designed to provide general information for clients and friends of the firm and should not be construed as legal advice, or legal opinion on any specific facts or circumstances. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

This office is owned and operated by Attorney James Grew, A Massachusetts licensed attorney. Attorney Grew handles bankruptcy, debtor rights, foreclosure and family law cases throughout Essex County, Middlesex County and Suffolk County, the North Shore and Metro Boston including the following communities: Salisbury Ma. 01952, Newburyport Ma. 01950, Newbury Ma. 01951, Georgetown Ma. 01833, Danvers Ma. 01923, Topsfield Ma. 01983 , Middleton Ma. 01949, Hamilton Ma. 01936, Essex Ma. 01929, Beverly Ma. 01915, , Salem Ma. 01970, 01971, Peabody Ma. 01960, 01961, Lynn Ma. , Nahant Ma.01908, Swampscott Ma. 01907 , Marblehead Ma. 01945, Lynnfield Ma. 01940, Saugus Ma. 01906, Wakefield Ma. 01880, Reading Ma. 01867, Stoneham Ma. 02180, Melrose Ma. 02176, Everett Ma. 02149, Revere Ma. 02151, Woburn Ma., Chelsea Ma. 02150. and Boston Ma