CHAPTER 7 LAWS- BANKRUPTCY ATTORNEYS IN MA & NH
Also known as individuals seeking relief from burdensome debt can file a “straight bankruptcy”, chapter 7. A bankruptcy trustee is appointed to collect and sell non-exempt property to pay creditors. NOTE: Under chapter 7, not all debt can be discharged, only certain types of debt may be discharged. Some property may be claimed as “exempt.” Todd D. Beauregard works in both Massachusetts and NH bankruptcy courts.
Corporations and partnerships do not receive discharges, thus, person who are legally liable for the corporations or partnership’s debt remains liable. In these cases, it may be required the individual consider bankruptcy for him or herself individually, and, a separate bankruptcy action for the corporation or partnership as well.
CHAPTER 7 LAWS
Call us to see if you qualify for Chapter 7
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TODD D. BEAUREGARD PC. ATTORNEYS
Woburn MA, Burlington, Belmont, Lexington, Watertown, Waltham, Arlington, Medford, Cambridge, Winchester, Wilmington, North reading, Melrose, Lowell, Chelmsford, Andover, Bedford, Billerica, Dracut, Lawrence, Methuen, North Andover, Tewksbury, Westford, Wilmington, Nashua NH, Manchester, Bedford, Merrimack, Hudson, Amherst and Hollis NH.