Massachusetts Bankruptcy Center assists people and families with appropriate answers to unmanageable debt and creditor actions. If you are involved in collection lawsuits, an expert chapter 13 bankruptcy lawyer can help with protecting your rights and creating a route toward financial recovery through a court approved Repayment Plan. One of the strongest advantages of Chapter 13 bankruptcy is the automatic stay. The moment a bankruptcy petition is filed, an instant court order goes into effect that halts numerous debt-collection efforts, such as lawsuits, wage garnishments, repossessions and creditor harassment. This legal protection allows individuals a valuable period of time to re-organize their finances without the constant burden of continuing legal processes. Chapter 13 bankruptcy establishes a reasonable Repayment Plan, where debtors can pay qualified obligations over time according to their financial situation. This can be a way for people to save valuable assets and also meet financial commitments in a more orderly and inexpensive manner. If the plan is successfully completed, eligible unsecured debts may be dismissed, which frequently ends related collection litigation permanently. At Massachusetts Bankruptcy Center, we provide customized attention and expert legal support as we lead our clients through every step of the bankruptcy process.
