Chapter 13 Bankruptcy in Massachusetts
Chapter 13 bankruptcy is different from Chapter 7 bankruptcy. Whereas Chapter 7 wipes out debt, a Chapter 13 bankruptcy petition proposes a debt settlement plan.
Chapter 13 bankruptcy may be an advisable option for people who do not meet the means test for Chapter 7 bankruptcy but who can show inability to meet current debt repayment obligations based on income levels and debt load.
Framingham Bankruptcy Lawyer Thomas G. Waldstein
Framingham bankruptcy attorney Thomas G. Waldstein has more than three decades of legal experience - all of which time he has spent giving legal help to individuals and families in the Framingham area.
Led by Mr. Waldstein, our law office has helped countless people resolve debt problems with Chapter 13 bankruptcy petitions.
Read our bankruptcy success stories to see how our office has helped past clients.
How Does Chapter 13 Bankruptcy Work?
Chapter 13 bankruptcy is a court-administered repayment plan that can provide protection against loss of property. You and your bankruptcy attorney develop a proposal under which you reorganize your debt payments so as to repay all or a portion of your debts over a three- to five-year period. Chapter 13 bankruptcy may be a good option for homeowners threatened with foreclosure or for people who are ineligible for Chapter 7 bankruptcy.
Learn more about the bankruptcy process.
Schedule a Confidential Appointment to Discuss Bankruptcy Options
Meet one-on-one with experienced bankruptcy attorney Thomas G. Waldstein. To make an appointment, call 508-872-6567 or send us an e-mail.
We are a debt relief agency. We help people file for relief under the Bankruptcy Code.
