Personal Bankruptcy

The Bankruptcy Lawyers At Grantham Law, LLC Have Been Helping Individuals, Families and Businesses Obtain Relief In The United States Bankruptcy Court For Over Thirteen years.

Chapter 7

Chapter 7 is the most common chapter of bankruptcy protection filed by individuals and married couples. Chapter 7 Bankruptcy is technically a "liquidation," meaning that the Trustee can liquidate the Debtor's assets to repay creditors. However, not all property can be taken and sold.

Free Consultation
(978) 595-1449

At Grantham Law, LLC, we offer a FREE one hour consultation with all personal bankruptcy clients. This gives you an opportunity to speak with the lawyer that will be working on your case. If you choose to retain us; we offer simple flat rates and easy payment plans.

Chapter 13

Chapter 13 Bankruptcy is for individuals and families who have a regular income and the ability to repay a portion of their debts over time. The term of the repayment period will very depending on your income and typically lasts for three to five years.

Foreclosure Relief:
Saving your home

If you are facing foreclosure, a Chapter 13 bankruptcy can be a powerful tool in saving your home. A Chapter 13 will stop any foreclosure proceedings against you as long as the petition is filed prior to the completion of the foreclosure sale. You can then make arrangements to repay the mortgage arrears through your Chapter 13 Bankruptcy Plan. However, in order to keep the property, you must have the ability to repay your past due balance (arrears) over the course of five years, while also making your usual monthly mortgage payments. The bankruptcy court does not have the power to reduce your mortgage payment, or change the terms of your mortgage...only your mortgage company can do that.

Massachusetts Foreclosure relief; Beverly bankruptcy lawyer

Massachusetts Bankruptcy lawyer

How it Works
Bankruptcy Protection

Phone calls from overbearing debt collectors, or receipt of a notice of intent to foreclose can leave one feeling helpless. However, you don't have to face these financial problems alone. The personal bankruptcy attorneys at Grantham Law, LLC have been helping individuals and married couples in Massachusetts get relief from their debts and save their homes by fling bankruptcy.