Massachusetts Bankruptcy Attorney
Find relief and get a fresh start
If you are faced with overwhelming debt, you have options. Federal bankruptcy law provides protections for individuals unable to pay off debts while meeting living expenses. At the Law Office of Lawrence L. Hale, we assist Massachusetts residents who want to end harassing calls from collectors and avoid the threat of losing the family home.
Stop creditor harassment. Avoid foreclosure. Protect assets - keep your home and car while discharging debt and obtaining a "fresh start". Contact Attorney Hale for a free initial consultation. We represent clients throughout Eastern Massachusetts and Cape Cod.
Chapter 7 Bankruptcy — Discharge of Debts
Despite recent changes in federal bankruptcy law, Chapter 7 bankruptcy remains a viable option for debt relief. Under Chapter 7, all unsecured debt (such as credit card balances and medical bills) is discharged. The "means test" was intended to push more people into repayment plans, but in our experience the vast majority of clients still fall below the income guidelines and qualify for Chapter 7 bankruptcy.
Timing of your bankruptcy can have a significant effect, as the Chapter 7 means test averages all household income in the six months prior to filing. If you were unemployed or on disability income before landing a good-paying job, you might still be eligible for Chapter 7.
Chapter 13 Bankruptcy — Debt Repayment
Debt repayment plans in Bankruptcy help homeowners and businesses by placing a stop to creditor harassment and halt house foreclosure or vehicle repossession. Chapter 13 bankruptcy plans establish a debtor’s ability to repay debts, spread over several years. If you are behind in your mortgage payments and are beneath the means test, you can file a Chapter 13 to pay the mortgage arrears and still pay none of your unsecured debts. If you have little or no equity in your house, but owe substantial arrears on your mortgage, Chapter 13 repayment may be your best option. If your home is worth less than what you owe on your first mortgage and you also have a second mortgage, the second mortgage can be avoided or stripped as an unsecured debt under Chapter 13. If you owe income taxes, you can pay them through the Chapter 13 Plan and all interest and penalties will stop accruing.
Chapter 12 Bankruptcy — Family Farmers and Fishermen
Chapter 12 is designed for "family farmers" or "family fishermen" with "regular annual income." It enables financially distressed family farmers and fishermen to propose and carry out a plan to repay all or part of their debts. Under chapter 12, debtors propose a repayment plan to make installments to creditors over three to five years. Generally, the plan must provide for payments over three years unless the court approves a longer period "for cause." But unless the plan proposes to pay 100% of domestic support claims (i.e., child support and alimony) if any exist, it must be for five years and must include all of the debtor's disposable income. In no case may a plan provide for payments over a period longer than five years. In tailoring bankruptcy law to meet the economic realities of family farming and the family fisherman, chapter 12 eliminates many of the barriers such debtors would face if seeking to reorganize under either chapter 11 or 13 of the Bankruptcy Code.
Chapter 11 Small Business Bankruptcy— Debt Restructuring
In addition to consumers, businesses are experiencing difficulties during these stressful economic times. Attorney Hale represents small businesses in preparing for, filing and conducting Chapter 11 bankruptcies. Chapter 11 bankruptcies involve the restructuring of debt, and are much more involved and powerful than Chapter 7 and 13 personal bankruptcies. However, our small, friendly law office can put even the most sophisticated business people at ease, and can make this stressful procedure much more palatable.
Attorney Hale can advise on the pros and cons of filing for Chapter 7, Chapter 13, Chapter 12 or Chapter 11 bankruptcy, including when to file, which assets are exempt from liquidation, and which debts cannot be discharged. The initial consultation is free.
The Law Office of Lawrence L. Hale is a debt relief agency. We proudly help people file for bankruptcy relief under the bankruptcy code.
We also represent creditors in bankruptcy court. The Law Office of Lawrence L. Hale has a history of effectively helping businesses in trouble. We help contractors, suppliers, and other business creditors in matters involving hidden assets, motions for relief from stay, proof of claims, and bankruptcy fraud.
Experienced Bankruptcy Representation
Attorney Lawrence L. Hale has practiced bankruptcy law since 1990, helping hundreds of people obtain debt relief through Chapter 7 bankruptcy or debt repayment through Chapter 13 or Chapter 12 or Chapter 11 small business bankruptcy.He is a member of the National Association of Consumer Bankruptcy Attorneys (NACBA) and the Bankruptcy Law Section of the Boston Bar Association. Larry Hale understands the legal implications of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, staying abreast of all changes in the law and court decisions.
Do not hesitate to call or email our Carver, Massachusetts, law office to discuss your legal options. We treat our clients with dignity and respect. We will use all of our resources to protect your interests, and inform you of your rights in bankruptcy and debt relief. Call 508-866-2900, 1-800-357-2500.
Serving Southeastern Massachusetts and Upper Cape Cod Including the communities of Carver, Plymouth, Brockton, Bourne, Middleborough, New Bedford, Barnstable, Falmouth, Wareham, Rochester, Plympton, Halifax, Marshfield, Bridgewater, Mattapoisett, Sandwich, Lakeville, Freetown, Taunton, Duxbury, Kingston, and Marion
Plymouth County • Bristol County • Barnstable County • Norfolk County