August 1, 2010 By Greater Boston Law
James and Sarah of Stoughton, MA had 2 young children, owned a home, earned together about 85,000.00 per year. They came to us drowning in credit card debt totaling over $45,000.00 plus another $3,000.00 in medical bills. After payment of their living expenses such as mortgage, taxes, insurances, utilities, food, clothing and expenses related to raising their children, not to mention monthly payments on two vehicles, they had nothing left for the credit card debt or medical bills. There were numerous phone calls and two lawsuits filed against them by collection agents. One creditor obtained a judgment in Quincy District Court and had it recorded at the registry of deeds, attaching their interest in their home for payment of the debt.
We filed them under Chapter 7, for which they qualified based on their yearly income and household size. Less than four months after filing, the credit card debt and medical bills were discharged by the bankruptcy court. They are now able to pay their mortgage, car payments and household expenses comfortably and are working toward re-establishing their credit by using cards responsibly.
Know your options. Contact the Massachusetts Chapter 7 bankruptcy lawyers at Nashawaty & Rand today.
The Massachusetts Chapter 7 bankruptcy attorneys at Nashawaty & Rand serve clients throughout the Greater Boston Massachusetts region including Abington, Avon, Boston, Braintree, Brockton, Bridgewater, Canton, Dedham, Dover, Easton, Hanover, Hingham, Hollbrook, Marshfield, Medfield, Milton, Norwell, Norwood, Quincy, Randolph, Rockland, Sharon, Stoughton, Walpole, Westwood, Weymouth, Whitman, Massachusetts.
