Bankruptcy FAQ | Boston Bankruptcy Law, Real Estate Law and Wills

Frequently Asked Questions About Bankruptcy

At the Law Offices of William J. Carroll III, we pledge to always keep you informed. Whether you are considering Chapter 7 or 13 bankruptcy, attorney William J. Carroll will gladly provide answers to all of your questions. If you have additional inquiries about bankruptcy, the filing process or your credit, contact us online or call our offices in Framingham, Massachusetts, at 508 626-2566.

Frequently Asked Questions About Bankruptcy

To best serve potential clients who are considering bankruptcy, we offer the following answers to frequently asked questions about filing for bankruptcy: Will filing for bankruptcy stop creditors from calling and harassing me? Yes. Filing for bankruptcy will stop all collection activities, including lawsuits, foreclosure proceedings, wage garnishment and tax levies. How will bankruptcy affect my credit? Bankruptcy will hurt your credit, but usually no worse than it has already been damaged. Filing for bankruptcy will give you a fresh start, so you can begin to restore your credit. What assets can I protect during bankruptcy? Often, you can protect all of your property during bankruptcy. Visit our page on protecting assets in bankruptcy for more information. Should I file for Chapter 7 or Chapter 13? To qualify for Chapter 7, you must meet the criteria of the "means test," which is based on income. If you exceed the income qualifications, you can file for Chapter 13 bankruptcy. Contact us to find out which option you are eligible for. Why do I need a bankruptcy lawyer? An experienced bankruptcy attorney can guide you through the process and help you avoid setbacks. Essentially, a lawyer can help ensure you are approved for a fast and efficient discharge of your debt. Contact us online or call our offices in Framingham, Massachusetts, at 508 626-2566 to schedule a free initial consultation. Following your free consultation, we offer flexible payment plans.

Practice Areas

If you require Boston legal advice or representation, do not hesitate to call Law Offices of William J. Carroll III today. Someone is standing by to help you take your first step towards putting matters of the law behind you. While our specialties include: Bankruptcy Law, Real Estate Law and Wills, we offer many other legal services.