Chapter 13 Bankruptcy Attorney in Lowell Massachusetts

Chapter 13 Bankruptcy Attorney - Lowell Massachusetts

  • Do you bring in a steady income but still struggle to pay your bills?
  • Are you worried about losing your home?
  • Are creditors and collecting agencies keeping you up at night?

If so, Chapter 13 Bankruptcy may be right for you. At Oberhauser Law, we can review your financial situation and determine whether filing bankruptcy will help obtain the debt relief you need.

When you are struggling financially, you need a bankruptcy lawyer who offers quality debt relief assistance at a reasonable cost. When you choose Oberhauser Law, we will meet to discuss your financial situation FREE of charge.

During your free consultation, Attorney Oberhauser will listen to your concerns and provide honest answers to your questions about the bankruptcy process. If you decide to file Chapter 13 Bankruptcy, he will take immediate action to start you on the path towards financial freedom.

What is Chapter 13?

Filing Chapter 13 Bankruptcy allows individuals to keep many of their possessions and assets. Your existing debt is reorganized and then consolidated into a monthly payment plan that you can live with.

You are then responsible for completing the plan, usually within a three or five year period.

There are federal laws in place to protect individuals who are filing Chapter 13 bankruptcy. If a collecting agency or credit agency chooses not to participate in the Chapter 13 bankruptcy, they may lose their ability to collect their debt at all.

Once you have completed your restructuring plan, all remaining debt will be discharged and this is enforceable by a federal bankruptcy judge.

At Oberhauser Law, we thoroughly explain how this process works and offer legal advice on how you can successfully complete the bankruptcy.

Related Reading: Difference Between Debt Consolidation and Chapter 13

Cram Down Loans and Mortgages

  • Are you struggling to make car payments or mortgage payments?
  • Is the value of your home less than what you paid for it?
  • Is the blue book value for your car less than what you still owe?

When you are buried in car or home mortgage loans, Oberhauser Law can help.

When filing Chapter 13 Bankruptcy, Attorney Oberhauser can help “cram down” the payment to the true value of the property. If you have a second home mortgage, we will work to remove the second mortgage and lower the payments to a reasonable amount.

This Lowell Massachusetts Bankruptcy Attorney is on Your Side

Stop home foreclosure and harassing calls from creditors.
Lower you monthly payments. Get the debt relief you need.

Bankruptcy Attorney Gregory Oberhauser helps clients obtain financial relief. Contact Oberhauser Law today for a free consultation, and learn if Chapter 13 is the best option for you.

Many people who qualify for bankruptcy are at or below the median income level for their state. Please review our median income table to see if you fall into this category.

Median Income Table

STATE1 EARNER2 PEOPLE3 PEOPLE4 PEOPLE *
Massachusetts$54,842$66,437$83,104$100,280
New Hampshire$55,766$65,751$77,008$93,186

Looking for more answers? Visit Frequently Asked Questions About Bankruptcy for more information.