Foreclosure and What Property Can I Keep?Prevent Foreclosure in Salem, MassachusettsThere is no question that the number one question people have about filing for bankruptcy is whether they will be allowed to keep their house for their family. Under the Massachusetts Homestead Act, you may protect a primary residence up to the value of $500,000 when filing Chapter 7 bankruptcy to eliminate your debt. Simply put, this means that you can "reaffirm" or "exempt" property from part of the bankruptcy judgment. In order to keep property from being subject to repossession by your creditors, you must continue to make timely payments. Typically, people getting rid of their high monthly credit card debt are able to make personal arrangements with their banker to make payments on property they wish to protect. Although most people reaffirm their house and one car, any secured debt may be declared exempt, including jewelry such as an engagement or wedding ring. Stop mortgage foreclosure and car repossession immediatelyThe Law Offices of Kenneth E. Lindauer can help you protect your most valuable possessions from foreclosure or repossession. From the moment you hire an attorney to represent you, all collections, foreclosure, and repossession proceedings must stop until your creditor receives clearance by the bankruptcy judge to continue. After hiring us, you can immediately tell your creditors that you are represented by a lawyer, and they must go directly through us to discuss your debt repayment. Spanish interpreter availableTalk to us about our affordable payment optionsFree initial consultation about how to prevent foreclosure and repossessionWe provide a complete range of bankruptcy law services. From helping you file a declaration of homestead, to a Chapter 13 debt repayment plan, to eliminating your debt through Chapter 7 bankruptcy, we are here to help. We understand how important it is for your family to get a new start. We do everything we can to keep our fees reasonable and help you get through the legal matters as efficiently as possible. We can help file for bankruptcy and keep personal property such as:
Contact us for a free initial consultation about your bankruptcy needs. We are proud to be designated as a debt relief agency in the Commonwealth of Massachusetts by the authority of the federal government. We help people file for bankruptcy relief under Title 11 of the United States Code. |
Salem Office
The Rufus Choate House
14 Lynde Street
Salem, MA 01970
Telephone: 978-744-5861
Toll-Free: 1-800-464-5861
Fax: 978-744-1319
The Rufus Choate House
14 Lynde Street
Salem, MA 01970
Telephone: 978-744-5861
Toll-Free: 1-800-464-5861
Fax: 978-744-1319
Haverhill Office
55 Ginty Boulevard
Haverhill, MA 01830
Telephone: 1-800-464-5861
Fax: 978-744-1319
55 Ginty Boulevard
Haverhill, MA 01830
Telephone: 1-800-464-5861
Fax: 978-744-1319
The Rufus Choate House - Built 1787
14 Lynde Street, Salem Massachusetts
An architecturally and historically distinguished post-colonial building rescued from neglect, restored to former glory, and renovated as elegant professional offices.