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Bankruptcy Lawyer Massachusetts.com
Who is Bankruptcy Lawyer Massachusetts.com ?
Bankruptcy Lawyer Massachusetts.com
is the only exclusive Bankruptcy
directory online. Not only do we offer this unique service as an
exclusive listing for law firms across the country, we also provide
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Did You Know?
Many family finances include a credit card debt
The typical family filing for bankruptcy in 1997 owed more than one and a half times its annual income in short-term, high-interest debt. A family earning $24,000 had an average of $36,000 in credit card and similar debt.
Newsroom
News about Bankruptcy in Massachusetts and nationwide:
Definition:
A debtor in Chapter 11 has the exclusive right to file a plan of reorganization for the first 120 days of its bankruptcy. Thereafter, unless the period of exclusivity is extended by the court, other parties may file reorganization plans.
Post-petition
Definition:
Occurring after the filing of a petition. Preference - a payment by a debtor made during a specified period (90 days or one year) prior to the filing that favors one creditor over others.
Automatic stay
Definition:
The suspension of actions, such as debt collection or foreclosure, against the company in bankruptcy. Occurs automatically when the bankruptcy petition is filed.
If you live in the following cities and need a Bankruptcy attorney you should contact
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Amherst
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Salem
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Westfield
Woburn
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