Filing for Chapter 7 Bankruptcy in Massachusetts
With a Chapter 7 bankruptcy petition, an individual or a married couple asks the bankruptcy court to declare inability to repay certain debts. If the bankruptcy court approves the Chapter 7 bankruptcy petition, the court will "wipe clean" repayment obligations for all eligible debt. Chapter 7 bankruptcy truly does offer the best option for a "fresh financial start" for many individuals and families burdened by unmanageable debt.
Framingham Bankruptcy Attorney Thomas G. Waldstein
For more than 35 years, Framingham attorney Thomas G. Waldstein has represented local community members in bankruptcy proceedings, including Chapter 7 petitions and Chapter 13 bankruptcy petitions.
Under Mr. Waldstein's leadership, our law firm provides clear and thorough advice regarding various options to deal with a heavy debt burden. We help our clients make sound decisions about whether a Chapter 7 bankruptcy petition is the best path forward. Every client comes to us with unique financial circumstances - and we develop customized solutions.
For our clients who are homeowners, we discuss their mortgage obligations and how a Chapter 7 bankruptcy petition will affect any current or future foreclosure action. For all clients, we make sure to discuss the tax implications of bankruptcy - both in terms of unpaid income taxes and possible tax implications of a home foreclosure.
Read our bankruptcy success stories to see how our office has helped past clients.
Eligibility for Chapter 7 Bankruptcy
Chapter 7 bankruptcy is not available to everyone. To be eligible for Chapter 7 bankruptcy, you must pass a "means test." In other words, only individuals and families with specific income levels will be eligible for Chapter 7 bankruptcy.
With decades of experience handling bankruptcy petitions, attorney Waldstein is well equipped to perform a thorough analysis of clients' financial circumstances in order to determine whether eligibility for Chapter 7 bankruptcy is a possibility.
Do not rely on an online calculator to determine eligibility for Chapter 7 bankruptcy. Allow us to conduct an in-depth review of your income to give you an accurate answer to the eligibility question.
Stop Creditor Harassment
Filing a bankruptcy petition provides immediate protection from creditor harassment. As soon as the petition is filed, you receive an automatic stay on past-due debt, and our office takes on the obligation of communicating with your creditors.
Learn More ∙ Schedule a Free Consultation
We encourage you to learn more about the bankruptcy process and attorney Thomas G. Waldstein.
Or, schedule a confidential and comprehensive initial consultation with an experienced lawyer, which is free of charge. To make an appointment with attorney Thomas G. Waldstein, use our online contact form or call 508-872-6567.
We are a debt relief agency. We help people file for relief under the Bankruptcy Code.
