Chapters 7,11,13

Massachusetts Bankruptcy Lawyers

Chapter 7 and 13 Consumer Bankruptcy · Chapter 7 and 11 for Businesses

If an unforeseen circumstance such as a health crisis or sudden business downturn has left you with overwhelming personal or business debt, the guidance of an experienced bankruptcy lawyer can be an invaluable resource in determining how to move forward.

At the Chelmsford office of Kurland & Grossman, our skilled attorneys provide individuals and businesses in Massachusetts with knowledgeable legal advice and real options for addressing overwhelming debt under Chapter 7, Chapter 11 or Chapter 13 of the U.S. Bankruptcy Code. Contact us for a free informative consultation.

Debt Liquidation: Chapter 7 Bankruptcy for Individuals and Businesses

Chapter 7 liquidation bankruptcy is available to qualified consumers and businesses. A Chapter 7 bankruptcy essentially liquidates all but a few protected assets in order to repay creditors, and most remaining debts are discharged.

Due to recent changes in bankruptcy law, it has become increasingly difficult for some consumers to qualify to have personal debts discharged under Chapter 7. Some of our clients are now pursuing debt relief under Chapter 13.

To find out if you qualify for a liquidation bankruptcy, please contact our office in Chelmsford today. You may also consult the means test chart to find out whether your income falls within the range allowed under Chapter 7.

Business Reorganization: Chapter 11 Bankruptcy

Chapter 11 bankruptcy is often the best option for fundamentally sound businesses experiencing the negative effects of a serious economic downturn. Under Chapter 11, your business is allowed to continue in operation under bankruptcy court supervision while you focus on rebuilding assets, reducing debt and stabilizing cash flow.

To learn more about how Chapter 11 bankruptcy may serve both your immediate debt relief needs and long-term business goals, please contact our office today to speak with an experienced bankruptcy and business law attorney.

Chapter 13 Debt Reduction Program for Wage-Earners

Filing for personal bankruptcy under Chapter 13 can be an effective means of forestalling collections and foreclosure actions and stopping creditor harassment. Chapter 13 provides an opportunity to reduce your personal debts and establish a regular payment schedule. We can help you negotiate a payment plan that minimizes the negative impact on your financial security during the debt-reduction process.

Please contact us today to discuss your immediate needs and long-term financial goals with an experienced bankruptcy attorney. The initial consultation is free.

Experienced Bankruptcy Attorneys · 888-735-8524

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.