When you are facing a financial setback, living in a city with a high cost of living increases the pressure on you and your family. Many people are forced to make difficult choices between paying the mortgage and putting food on the table. If you are in this situation, the Boston bankruptcy lawyers at Forghany Law P.C. can help you put your finances back in order.
Eliminate Debt Without Losing Your Property
We understand how hard you have worked to buy a home, a car and provide a comfortable life for your family. Debtors often worry that filing bankruptcy will require them to liquidate everything they own. The truth is that most people are able to keep all of their assets, including their homes and retirement accounts.
Both Chapter 7 and Chapter 13 provide debtors with opportunities to hold on to property they are still making payments on such as a home or car. Our attorneys will examine the specifics of your case and help you determine whether this is a viable option.
Bankruptcy Stops Foreclosure And Repossession
Harassment by creditors and the threat of repossession is a common source of stress among individuals struggling to pay their bills. As soon as you file bankruptcy, an automatic stay goes into effect, which means creditors are no longer allowed to call you, garnish your wages or begin foreclosure proceedings. This gives you the opportunity to catch up on missed payments. Call our firm to discuss the bankruptcy process in more detail.
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We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.