Chapter 7 Bankruptcy

Attleboro, MA Bankruptcy Attorney

Overcome Your Anxiety About Debt and Get a Fresh Start

The line between being able to pay your bills and being overwhelmed by debt can be crossed all too easily when medical bills, loss of a job, or other life events like a divorce link to bankruptcy and divorce take a toll on your finances. You may have found yourself overextended on credit cards, unable to get your head back above water.

The decision whether to file for bankruptcy protection is difficult. Many people feel embarrassed or overwhelmed by their financial situation. Don't let these feelings prevent you from getting the information you need. The financial fresh start bankruptcy offers may be just what you need to regain your peace of mind. Having your bankruptcy related questions answered by a competent attorney will allow you to make an informed decision about your financial future.

We know there's a lot on your mind - questions like:

  • What does the means test for a bankruptcy filing involve?
  • What type of financial records and other paperwork will I have to provide
  • Will I have to participate in credit counseling?
  • What effect will bankruptcy have on my credit rating?
  • What debts can I discharge in bankruptcy?
  • What property can I keep after bankruptcy?
  • Are there debts that I will need to pay even after filing for bankruptcy?

Let us answer these questions for you in a confidential consultation and get you started on a firmer financial path. We're here to help you overcome your anxiety and move forward.

Is Chapter 7 the Right Option for You?

Most people who file for bankruptcy file Chapter 7. Not everyone qualifies for Chapter 7 bankruptcy, however, because only those with income below a certain level are eligible for relief under Chapter 7.

But regardless of income level, filing for bankruptcy is never an easy decision. It makes sense to analyze the full range of your debt relief options with the help of an experienced bankruptcy lawyer.

At Volterra, Goldberg & Jacobs, we can help you identify all of your legal options for debt relief, including debt liquidation in a Chapter 7 bankruptcy.  Contact us to schedule a confidential consultation. From our office in Attleboro, we serve clients throughout Southeastern Massachusetts.

When Is a Debt Dischargeable in Bankruptcy

We will explain to you in clear terms which debts you can be discharged in a Chapter 7 bankruptcy, and how the bankruptcy means test and bankruptcy exemptions apply to your case. Knowing which debts can be discharged and which ones cannot be discharged allows you to make informed financial decisions. Child support and alimony obligations cannot be discharged in bankruptcy. Most tax debts are also not dischargeable.

Some debts are dischargeable, but others are not. So be careful whom you pay − and get good advice from an experienced bankruptcy attorney.

If you're trying to keep your car, house, or other assets, we can help you understand how Chapter 7 bankruptcy may be the right choice for you, or whether Chapter 13 or some other debt relief option is preferable.