Chapters 7 & 11 Bankruptcy

If an unforeseen circumstance such as a health crisis or sudden business downturn has left you with overwhelming personal or business debt, the guidance of an experienced bankruptcy lawyer can be an invaluable resource in determining how to move forward.

At Kurland & Grossman, P.C., our skilled attorneys provide individuals and businesses in Massachusetts with knowledgeable legal advice and real options for addressing overwhelming debt under Chapter 7, Chapter 11 or Chapter 13 of the U.S. Bankruptcy Code. Contact us for a free informative consultation with a Chapter 7 attorney.

Debt Liquidation: Chapter 7 Bankruptcy for Individuals and Businesses
Chapter 7 liquidation bankruptcy is available to qualified consumers and businesses. In a Chapter 7 bankruptcy, there are laws to protect a significant number of assets and still enable you to discharge most of your debt. Certain debts are non-dischargeable such as alimony and child support obligations, student loans and some taxes.

Due to recent changes in bankruptcy law, it has become more difficult for some consumers to qualify to have personal debts discharged under Chapter 7. Some of our clients are now pursuing debt relief under Chapter 13.

To find out if you qualify for a liquidation bankruptcy, please contact our office today. You may also consult the means test chart to find out whether your income falls within the range allowed under Chapter 7.

Business Reorganization: Chapter 11 Bankruptcy
Chapter 11 bankruptcy is often the best option for fundamentally sound businesses experiencing the negative effects of a serious economic downturn. Under Chapter 11, your business is allowed to continue in operation under bankruptcy court supervision while you focus on rebuilding assets, reducing debt and stabilizing cash flow.

To learn more about how Chapter 11 bankruptcy may serve both your immediate debt relief needs and long-term business goals, please contact our office today to speak with an experienced bankruptcy and business law attorney.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.