SlideShare a Scribd company logo
1 of 11
Massachusetts Bankruptcy
With the slow economy and
difficult job market creating
financial uncertainty in the
workplace, many
individuals and families
find themselves having to
be creative in stretching
their dollars to go as far as
they can.
If you are among those
who find themselves falling
behind on your monthly
payments, the best thing
you can do is let your
creditors know right away
Sometimes, th
e financial
blow is so
devastating
that it may be
extremely
difficult, or
impossible to
recover from
If settlement is not an option
for you, then it may be time to
consider bankruptcy
Most people seeking to get rid of
credit card debt, medical bills, utility
bills and old mortgage balances
leftover from foreclosures, can file a
Chapter 7 bankruptcy and be debt
free in about four months—with no
tax consequences from getting rid of
your debts.
Because Chapter 7 is over and done
with relatively quickly, it is the legal
equivalent of gastric bypass surgery
for people who are experiencing
unmanageable debt, and like any
surgery, you should evaluate all your
options and alternatives before you
commit to the procedure.
Chapter 7 Bankruptcy
This is a type of bankruptcy where
the court gives you protection from
your creditors and also gives you
more time to catch up on past due
debts, so long as you agree to repay
your creditors and can do it in
monthly payments over three or five
years.
This is a valuable tool for someone
who wishes to stop a foreclosure of
their home and who has regular
income to catch up on the past due
mortgage payments.
Chapter 13 bankruptcy
Either Chapter 7 or Chapter 13 can give you
immediate protection from your creditors and will
stop other unpleasant collection activity such as wage
garnishment, vehicle repossession, foreclosure and
the filing liens or attachments on your property.
Attorney Richard S. Ravosa
Ether Chapter 7
or Chapter 13
can give you
immediate
protection from
your creditors
and will stop
other unpleasant
collection
activity such as
wage
garnishment, ve
hicle
repossession, for
eclosure and the
filing liens or
attachments on
your property.
Whichever means you choose to resolve
your financial problems, it is usually best to
consult an experienced attorney who can
advise you of what the benefits and
consequences are of any given course of
action.
Remember that most financial problems
are temporary situations and do not let it
define who you are and always remember,
there is always a way to overcome debt with
dignity.
Welcome to the Massachusetts Bankruptcy Center, a full service Bankruptcy Law Firm
massachusettsbankruptcycenter.com

More Related Content

Recently uploaded

PPT on INDIA VS PAKISTAN - A Sports Rivalry
PPT on INDIA VS PAKISTAN - A Sports RivalryPPT on INDIA VS PAKISTAN - A Sports Rivalry
PPT on INDIA VS PAKISTAN - A Sports Rivalryanirbannath184
 
DONAL88 >LINK SLOT PG SOFT TERGACOR 2024
DONAL88 >LINK SLOT PG SOFT TERGACOR 2024DONAL88 >LINK SLOT PG SOFT TERGACOR 2024
DONAL88 >LINK SLOT PG SOFT TERGACOR 2024DONAL88 GACOR
 
Turkey Vs Georgia Vincenzo Montella's Squad Selection for Turkey's Euro 2024 ...
Turkey Vs Georgia Vincenzo Montella's Squad Selection for Turkey's Euro 2024 ...Turkey Vs Georgia Vincenzo Montella's Squad Selection for Turkey's Euro 2024 ...
Turkey Vs Georgia Vincenzo Montella's Squad Selection for Turkey's Euro 2024 ...Eticketing.co
 
Project & Portfolio, Market Analysis: WWE
Project & Portfolio, Market Analysis: WWEProject & Portfolio, Market Analysis: WWE
Project & Portfolio, Market Analysis: WWEDeShawn Ellis
 
Spain Vs Italy Showdown Between Italy and Spain Could Determine UEFA Euro 202...
Spain Vs Italy Showdown Between Italy and Spain Could Determine UEFA Euro 202...Spain Vs Italy Showdown Between Italy and Spain Could Determine UEFA Euro 202...
Spain Vs Italy Showdown Between Italy and Spain Could Determine UEFA Euro 202...World Wide Tickets And Hospitality
 
Benifits of Individual And Team Sports-Group 7.pptx
Benifits of Individual And Team Sports-Group 7.pptxBenifits of Individual And Team Sports-Group 7.pptx
Benifits of Individual And Team Sports-Group 7.pptxsherrymieg19
 
Clash of Titans_ PSG vs Barcelona (1).pdf
Clash of Titans_ PSG vs Barcelona (1).pdfClash of Titans_ PSG vs Barcelona (1).pdf
Clash of Titans_ PSG vs Barcelona (1).pdfMuhammad Hashim
 
PGC _ 3.1 _ Powerpoint (2024) scorm ready.pptx
PGC _ 3.1 _ Powerpoint (2024) scorm ready.pptxPGC _ 3.1 _ Powerpoint (2024) scorm ready.pptx
PGC _ 3.1 _ Powerpoint (2024) scorm ready.pptxaleonardes
 
BADMINTON EQUIPMENTS / EQUIPMENTS GROUP9.pptx
BADMINTON EQUIPMENTS / EQUIPMENTS GROUP9.pptxBADMINTON EQUIPMENTS / EQUIPMENTS GROUP9.pptx
BADMINTON EQUIPMENTS / EQUIPMENTS GROUP9.pptxvillenoc6
 
JORNADA 2 LIGA MUROBASQUETBOL1 2024.docx
JORNADA 2 LIGA MUROBASQUETBOL1 2024.docxJORNADA 2 LIGA MUROBASQUETBOL1 2024.docx
JORNADA 2 LIGA MUROBASQUETBOL1 2024.docxArturo Pacheco Alvarez
 
Italy Vs Albania Euro Cup 2024 Italy's Strategy for Success.docx
Italy Vs Albania Euro Cup 2024 Italy's Strategy for Success.docxItaly Vs Albania Euro Cup 2024 Italy's Strategy for Success.docx
Italy Vs Albania Euro Cup 2024 Italy's Strategy for Success.docxWorld Wide Tickets And Hospitality
 

Recently uploaded (12)

PPT on INDIA VS PAKISTAN - A Sports Rivalry
PPT on INDIA VS PAKISTAN - A Sports RivalryPPT on INDIA VS PAKISTAN - A Sports Rivalry
PPT on INDIA VS PAKISTAN - A Sports Rivalry
 
DONAL88 >LINK SLOT PG SOFT TERGACOR 2024
DONAL88 >LINK SLOT PG SOFT TERGACOR 2024DONAL88 >LINK SLOT PG SOFT TERGACOR 2024
DONAL88 >LINK SLOT PG SOFT TERGACOR 2024
 
Turkey Vs Georgia Vincenzo Montella's Squad Selection for Turkey's Euro 2024 ...
Turkey Vs Georgia Vincenzo Montella's Squad Selection for Turkey's Euro 2024 ...Turkey Vs Georgia Vincenzo Montella's Squad Selection for Turkey's Euro 2024 ...
Turkey Vs Georgia Vincenzo Montella's Squad Selection for Turkey's Euro 2024 ...
 
Project & Portfolio, Market Analysis: WWE
Project & Portfolio, Market Analysis: WWEProject & Portfolio, Market Analysis: WWE
Project & Portfolio, Market Analysis: WWE
 
Spain Vs Italy Showdown Between Italy and Spain Could Determine UEFA Euro 202...
Spain Vs Italy Showdown Between Italy and Spain Could Determine UEFA Euro 202...Spain Vs Italy Showdown Between Italy and Spain Could Determine UEFA Euro 202...
Spain Vs Italy Showdown Between Italy and Spain Could Determine UEFA Euro 202...
 
Benifits of Individual And Team Sports-Group 7.pptx
Benifits of Individual And Team Sports-Group 7.pptxBenifits of Individual And Team Sports-Group 7.pptx
Benifits of Individual And Team Sports-Group 7.pptx
 
Clash of Titans_ PSG vs Barcelona (1).pdf
Clash of Titans_ PSG vs Barcelona (1).pdfClash of Titans_ PSG vs Barcelona (1).pdf
Clash of Titans_ PSG vs Barcelona (1).pdf
 
PGC _ 3.1 _ Powerpoint (2024) scorm ready.pptx
PGC _ 3.1 _ Powerpoint (2024) scorm ready.pptxPGC _ 3.1 _ Powerpoint (2024) scorm ready.pptx
PGC _ 3.1 _ Powerpoint (2024) scorm ready.pptx
 
BADMINTON EQUIPMENTS / EQUIPMENTS GROUP9.pptx
BADMINTON EQUIPMENTS / EQUIPMENTS GROUP9.pptxBADMINTON EQUIPMENTS / EQUIPMENTS GROUP9.pptx
BADMINTON EQUIPMENTS / EQUIPMENTS GROUP9.pptx
 
NATIONAL SPORTS DAY WRITTEN QUIZ by QUI9
NATIONAL SPORTS DAY WRITTEN QUIZ by QUI9NATIONAL SPORTS DAY WRITTEN QUIZ by QUI9
NATIONAL SPORTS DAY WRITTEN QUIZ by QUI9
 
JORNADA 2 LIGA MUROBASQUETBOL1 2024.docx
JORNADA 2 LIGA MUROBASQUETBOL1 2024.docxJORNADA 2 LIGA MUROBASQUETBOL1 2024.docx
JORNADA 2 LIGA MUROBASQUETBOL1 2024.docx
 
Italy Vs Albania Euro Cup 2024 Italy's Strategy for Success.docx
Italy Vs Albania Euro Cup 2024 Italy's Strategy for Success.docxItaly Vs Albania Euro Cup 2024 Italy's Strategy for Success.docx
Italy Vs Albania Euro Cup 2024 Italy's Strategy for Success.docx
 

Featured

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by HubspotMarius Sescu
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTExpeed Software
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 

Featured (20)

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 

Massachusetts bankruptcy

  • 1. Massachusetts Bankruptcy With the slow economy and difficult job market creating financial uncertainty in the workplace, many individuals and families find themselves having to be creative in stretching their dollars to go as far as they can. If you are among those who find themselves falling behind on your monthly payments, the best thing you can do is let your creditors know right away
  • 2. Sometimes, th e financial blow is so devastating that it may be extremely difficult, or impossible to recover from
  • 3. If settlement is not an option for you, then it may be time to consider bankruptcy
  • 4.
  • 5. Most people seeking to get rid of credit card debt, medical bills, utility bills and old mortgage balances leftover from foreclosures, can file a Chapter 7 bankruptcy and be debt free in about four months—with no tax consequences from getting rid of your debts. Because Chapter 7 is over and done with relatively quickly, it is the legal equivalent of gastric bypass surgery for people who are experiencing unmanageable debt, and like any surgery, you should evaluate all your options and alternatives before you commit to the procedure. Chapter 7 Bankruptcy
  • 6. This is a type of bankruptcy where the court gives you protection from your creditors and also gives you more time to catch up on past due debts, so long as you agree to repay your creditors and can do it in monthly payments over three or five years. This is a valuable tool for someone who wishes to stop a foreclosure of their home and who has regular income to catch up on the past due mortgage payments. Chapter 13 bankruptcy
  • 7. Either Chapter 7 or Chapter 13 can give you immediate protection from your creditors and will stop other unpleasant collection activity such as wage garnishment, vehicle repossession, foreclosure and the filing liens or attachments on your property. Attorney Richard S. Ravosa Ether Chapter 7 or Chapter 13 can give you immediate protection from your creditors and will stop other unpleasant collection activity such as wage garnishment, ve hicle repossession, for eclosure and the filing liens or attachments on your property.
  • 8. Whichever means you choose to resolve your financial problems, it is usually best to consult an experienced attorney who can advise you of what the benefits and consequences are of any given course of action. Remember that most financial problems are temporary situations and do not let it define who you are and always remember, there is always a way to overcome debt with dignity.
  • 9. Welcome to the Massachusetts Bankruptcy Center, a full service Bankruptcy Law Firm
  • 10.