Norman Novinsky, Massachusetts Bankruptcy Attorney has been serving the residents of Massachusetts in bankruptcy issues for many years. We have found that the more educated our client is, the easier the process becomes.
So, we would like to provide you with Massachusetts Bankruptcy Information for your benefit.
Under Massachusetts Bankruptcy Laws - What Can I Expect?
From your employer:
An employer cannot discriminate against you because you have filed for bankruptcy.
From your utility companies:
Your public utilities such as water, electricity, etc., cannot refuse you service or cut off service to your home because you have filed for bankruptcy but , be aware that the utility company can ask for some type of deposit for future services.
From the DMV:
If you lost your license solely because you couldn't pay court ordered damages caused in an accident, bankruptcy will allow you to get your license back.
From co-signers:
If you file a chapter 13 bankruptcy and you had a co-signer sign a loan with you may be able to protect that co-signer. Otherwise, the co-signer may end up being responsible for your debt.
Massachusetts Bankruptcy Information on Filing Chapter 7 Bankruptcy
If you file chapter 7 bankruptcy you are asking that your debts be wiped away. In exchange for this, you give up property (except for exempt property listed below). The property you give up will be sold and the monies distributed amongst your creditors.
Norman Novinsky, Massachusetts Bankruptcy Attorney has been serving the residents of Massachusetts in bankruptcy issues for many years. We have found that the more educated our client is, the easier the process becomes.
So, we would like to provide you with Massachusetts Bankruptcy Information for your benefit.
Under Massachusetts Bankruptcy Laws - What Can I Expect?
From your employer:
An employer cannot discriminate against you because you have filed for bankruptcy.
From your utility companies:
Your public utilities such as water, electricity, etc., cannot refuse you service or cut off service to your home because you have filed for bankruptcy but , be aware that the utility company can ask for some type of deposit for future services.
From the DMV:
If you lost your license solely because you couldn't pay court ordered damages caused in an accident, bankruptcy will allow you to get your license back.
From co-signers:
If you file a chapter 13 bankruptcy and you had a co-signer sign a loan with you may be able to protect that co-signer. Otherwise, the co-signer may end up being responsible for your debt.
Massachusetts Bankruptcy Information on Filing Chapter 7 Bankruptcy
If you file chapter 7 bankruptcy you are asking that your debts be wiped away. In exchange for this, you give up property (except for exempt property listed below). The property you give up will be sold and the monies distributed amongst your creditors.
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