Bankruptcy FAQs

Do you have bankruptcy questions?

We have compiled a list of questions we hear regularly from our clients regarding bankruptcy and have provided the answers below.

What is Bankruptcy?

Bankruptcy is a court process utilized by individuals or businesses to either discharge or reorganize their debt.

Why should I consider bankruptcy?
Will bankruptcy negatively impact my credit?
Can bankruptcy aid in foreclosure situations?
Do creditors still have the right to contact me after filing bankruptcy?
How long does bankruptcy stay on my credit report?
Which debts can be discharged through bankruptcy?
Must my spouse also file for bankruptcy if I do?
Will I lose my home or vehicle?
Can bankruptcy stop wage garnishment?
What actions to take if sued over a debt?
Is it embarrassing to file for bankruptcy?
What am I not allowed to do after filing for bankruptcy?
Is it embarrassing to file bankruptcy?
What property is exempt from creditors in Massachusetts?