Hyannis, MA Bankruptcy Lawyers
We are located in Hyannis on West Main Street across from Barnstable High School. Our Cape Cod office is centrally located at 805 W. Main St in Hyannis, MA 02601
Chapter 7 Bankruptcy Lawyers
The bankruptcy lawyers at Common Law Associates, LLP are dedicated to helping clients get a fresh start, free from pressing creditors and late bills. With a Chapter 7 bankruptcy, also known as “liquidation,” you can eliminate some or even all of your debt, including medical bills, credit card bills, personal loans, and utility bills. Depending on the case, we may be able to help you eliminate student loans and past due taxes as well. Overall, liquidation is the simplest way to file for bankruptcy.
That being said, filing for bankruptcy is never an easy decision. There are many factors to consider—factors that may affect your long-term financial health. In addition, some people do not qualify for a straight bankruptcy filing. A 2005 change to bankruptcy laws only made the process more difficult.
That’s why it’s important to speak with a lawyer who’s willing to give you all the facts. Only when you know the short-term and long-term consequences of a bankruptcy action will you be able to make an informed and wise decision. At Common Law Associates, LLP, we take our clients’ financial health seriously, and we’re committed to giving them comprehensive legal advice.
If you are eligible for Chapter 7 and do choose to liquidate your debt, we’ll do everything we can to secure your assets and put you back on the road to financial stability. It starts with a free consultation and ends with financial freedom.
Chapter 13 Bankruptcy Lawyers
A Chapter 13, sometimes referred to as a wage earner’s plan, helps people with a regular income repay all or part of their debts over a period of time. Instead of liquidating assets, debtors make installments over the course of three to five years.
The wage earner’s plan allows debtors to save their assets from seizure, but it does require them to keep up with their current payments. That means they can stay in their homes and keep their cars as long as they follow the approved repayment plan, which may include keeping up with current mortgage payments. At the end of the repayment period, the court discharges a person from any unsecured debts as well as any past due payments from secured debts.
The law firm of Common Law Associates, LLP helps people file for bankruptcy under Chapter 13. We’ll assist you in choosing the best course of action and file for bankruptcy. Then we’ll work with you to develop an approved plan that will satisfy your creditors and secure your financial future.
Affordable Debt Relief Lawyer in Hyannis, MA
You need a lawyer who will offer sound advice, a lawyer who understands what you’re going through. You need someone who will help alleviate your financial difficulties, not someone who will exacerbate them. If you’re searching for an affordable bankruptcy lawyer in Hyannis, then call us or use the form below to contact our office and schedule your FREE initial consultation.