Helping You Make A Fresh Financial Start
Many individuals, families and business owners are hesitant to consider filing for Chapter 7 bankruptcy. They may have heard stories of people losing everything and ruining their credit forever. This is simply not the case. Chapter 7 bankruptcy is a viable debt relief option that creates a solid foundation for the future.
Levin and Levin, LLP, represents bankruptcy filers throughout the South Shore area. Since 1933, we have focused on making sure our clients understand their financial options. You can rely on us to help you make a fresh financial start.
Chapter 7 Bankruptcy Can Quickly Discharge Your Debt
Chapter 7 bankruptcy, also known as asset liquidation, releases debtors from some of their debt through the sale of assets. Contrary to popular belief, people are generally able to keep their home, car and other household possessions.
Eligibility for Chapter 7 bankruptcy is determined by a means test. This test measures your income potential to your debt ratio. If you are found ineligible, Chapter 13 bankruptcy may present a feasible alternative.
If Chapter 7 bankruptcy is the right debt relief option for you, our knowledgeable attorneys will work with you to set the stage for a more stable financial future.
Stop Collection Actions Against You
When we file for Chapter 7 bankruptcy on your behalf, creditors must stop calling you and any foreclosures, repossessions or lawsuits against you must cease. Furthermore, all correspondence and communications from creditors must come to us.
Through Chapter 7 bankruptcy, a majority of your debt can be discharged within a relatively short period of time. You will then have a clean slate from which you can begin rebuilding your credit.
Offering Sensible Options For Rebuilding Your Finances
When you visit our office for your free consultation, we will thoroughly discuss all of your options for debt relief. We can help you determine whether pursuing Chapter 7 bankruptcy is the right choice for you. Please contact our law office at 617-471-5700.