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Business Bankruptcy: Always Make Easy Your Filing |
Article Submitted by: Massachusetts bankruptcy
Wednesday, 03 March 2010
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Attorney Ravosa is admitted to the practice of law in Massachusetts and
Connecticut and has an accomplished record as a bankruptcy lawyer,
trial lawyer, negotiator, and strategist. Attorney Ravosa is a member
of the Boston Bar Association, Massachusetts Bar Association, American
Trial Lawyers Association, American Bankruptcy Institute, National
Association of Consumer Bankruptcy Attorneys and a member of the Boston
Bar Association's Bankruptcy Section and is chief legal counsel of the Massachusetts Bankruptcy Center. Another good way to select the bankruptcy attorney is to take references from those who are more familiar with bankruptcy law and lawyer. These recommendations will help you to have an insight into the lawyer's competence. Also correspond with your state bar association to be assured about the Attorney's good stand in the state. According to the Massachusetts bankruptcy laws the bankruptcy is basically a formal request to the federal court or rather a petition for relief from your growing debts and is largely being done by restructuring your debts. The bankruptcy judge however is there to make the full and final ruling on all. Many people believe they cannot own anything for a period of time after filing for bankruptcy. This is not true. You can keep your exempt property and anything you obtain after the bankruptcy is filed. However, if you receive an inheritance, a property settlement, or life insurance benefits within 180 days after your bankruptcy, that money or property may have to be paid to your creditors if the property or money is not exempt. Before the bankruptcy can be filed, the client has to take a "credit counseling" course and obtain the "certificate of credit counseling". This takes about an hour and can be done over the telephone or over the internet. Our office can provide a list of credit counseling agencies. Before the bankruptcy is concluded, each person must take a "financial management" course that will assist the client in future financial planning and money management. Our office can provide a list of the agencies that provide this service. A detail and thorough pre bankruptcy counseling session with counseling organizations help you to understand and evaluate your personal financial situation better. This is indeed one of the vital steps prior filing for bankruptcy in Massachusetts. The session usually lasts for around 60 - 90 minutes and you are charged a fee of around $50. However, if you are not in a position to bear the fee ask for a fee waiver. Article Source: http://www.ArticleBlast.com |
About The Author:
Click Business Bankruptcy to know more.
Waterfront Lawyers Building
236 Commercial Street
Boston, MA 02109, USA
Tel (617) 720-1101
Fax (617) 720-1104
Click Business Bankruptcy to know more.
Waterfront Lawyers Building
236 Commercial Street
Boston, MA 02109, USA
Tel (617) 720-1101
Fax (617) 720-1104
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