We use the effective bankruptcy codes and related federal and state statutes during proceedings, and are well versed in all things associated with bankruptcy law. With 25 years of experience, we take time to give personalized attention to every bankruptcy case. We use the common sense approach and aggressively pursue outstanding results for our Chapter 7 bankruptcy and Chapter 13 bankruptcy cases.
Nashawaty & Rand have devoted their careers to helping clients obtain the maximum debt relief available in the following types of cases:
Chapter 7 Bankruptcy
This type of bankruptcy eliminates all credit card debt, medical bills, and unsecured loans, and can also be used in cases with mortgages and car loans that the individual can no longer afford. Learn More About Chapter 7 Bankruptcy
Chapter 13 Bankruptcy
This type of bankruptcy is used to save a home from mortgage foreclosure and repays past-due mortgage payments and other debt including taxes, over a period of time, typically in manageable monthly payments. This chapter also allows for stripping off of second mortgages and avoiding foreclosure. Learn More About Chapter 13 Bankruptcy
If you have a second mortgage or home equity loan and the total amount due on your first mortgage (including arrearages) exceeds the value of your home, you can obtain a discharge of the second mortgage/home equity loan through a Chapter 13 Plan.
A foreclosing bank is stopped in its tracks upon the filing of a bankruptcy. A Chapter 13 filing that provides for curing the mortgage arrearage over the plan period allows you to keep your home by making regular mortgage payments going forward, plus your Chapter 13 Plan payment. Learn More About Foreclosure Avoidance
Student Loan Debt
Student loans are not dischargeable in bankruptcy unless their payment would constitute “under hardship” on the Debtor. Contact a professional at Nashawaty & Rand to discuss the available options to avoid aggressive collection tactics such as wage garnishment or execution on judgments by selling assets.
Why Choose Nashawaty & Rand?
We have over 25 years of experience handling cases much like yours. It take a particular skill set and longstanding legal relationships to quickly and efficiently deal with issues that may arise during your bankruptcy case. We are clear with our communication, which can reduce the stress and anxiety associated with a case like yours. We always explain up front what you can expect during the bankruptcy process, so there are never any surprises. We can offer helpful advice on stopping foreclosure, mortgage foreclosure issues, repossession, credit card debt, and even wage garnishment. Our approach involves protecting your assets and advising you on which of them are exempt from the bankruptcy proceedings.
For the typical bankruptcy case, the fact of the filing is not disclosed to anyone aside from the creditors. The filer’s family, friends, and employers will not receive notice of the filing. Although it is public record, hundreds of bankruptcies are filed each month at the Bankruptcy Court in Boston, and only in the most rare circumstances (public figures, political leaders, celebrities, etc.) is any information regarding these cases published or disclosed. Your bankruptcy filing is not disclosed to the public at large in any manner. The only way for the average person to find out you have filed is if they take deliberate steps to obtain the information from the Bankruptcy Court, or through a specialized federal web database that is hidden from standard search engines. At Nashawaty & Rand, we pride ourselves on maintaining the privacy of our clients. See our Blog for more information regarding privacy concerns surrounding bankruptcy filings.
From complex marital estates to post-judgment issues, the team at Nashawaty & Rand is committed to representing all of our clients with integrity, and addressing all divorce and child-related issues as efficiently and effectively as possible. To schedule a free initial consultation with our experienced team of divorce lawyers, call 781-848-8545 today.