Top Gloucester, MA Bankruptcy Lawyers Near You

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    FisherBroyles, LLP

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

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    Feinman Law Offices

    Bankruptcy Lawyers | Andover Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Andover Office | Serving Gloucester, MA

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    Lewis Brisbois Bisgaard & Smith, LLP

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

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    Bucacci & Simonian, P.C.

    Bankruptcy Lawyers | Fall River Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Fall River Office | Serving Gloucester, MA

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    Morgan & Morgan

    Bankruptcy Lawyers | Dorchester Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Dorchester Office | Serving Gloucester, MA

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    Lathrop GPM

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

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    Wilson, Elser, Moskowitz, Edelman & Dicker LLP

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

  • Ravosa Law Offices, P.C.

    Bankruptcy Lawyers | Worcester Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Worcester Office | Serving Gloucester, MA

  • Armstrong Teasdale

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

  • Law Offices of Jason C. Matalas, P.C.

    Bankruptcy Lawyers | Peabody Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Peabody Office | Serving Gloucester, MA

  • Morrison Foersster

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

  • Affordable Law Group

    Bankruptcy Lawyers | Quincy Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Quincy Office | Serving Gloucester, MA

  • Primmer Piper Eggleston & Cramer PC

    Bankruptcy Lawyers | Portsmouth Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Portsmouth Office | Serving Gloucester, MA

  • Law Office of Richard L. Blumenthal

    Bankruptcy Lawyers | Newton Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Newton Office | Serving Gloucester, MA

  • Watt, Tieder, Hoffar & Fitzgerald, LLP

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

  • Cross Nadel LLC

    Bankruptcy Lawyers | Quincy Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Quincy Office | Serving Gloucester, MA

  • Benner & Weinkauf

    Bankruptcy Lawyers | Plymouth Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Plymouth Office | Serving Gloucester, MA

  • Hunton Andrews Kurth LLP

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

  • Womble Bond Dickinson (US) LLP

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

  • Bross Law, LLC

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

  • Bross Law, LLC

    Bankruptcy Lawyers | Cohasset Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Cohasset Office | Serving Gloucester, MA

  • Downes McMahon LLP

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

  • Law Office of William C. Parks

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

  • Law Offices of James Benjamin

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

    Bankruptcy Lawyers | Boston Office | Serving Gloucester, MA

Gloucester Bankruptcy Information

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Lead Counsel Verified Attorneys In Gloucester

Lead Counsel independently verifies Bankruptcy attorneys in Gloucester by conferring with Massachusetts bar associations and conducting annual reviews to confirm that an attorney practices in their advertised practice areas and possesses a valid bar license for the appropriate jurisdictions.

Find a Gloucester Bankruptcy Attorney in your area

Are You Considering Bankruptcy?

If you’re overwhelmed with debt and are looking for legal solutions to solve your financial crisis then bankruptcy may be a great option for you. A skilled Gloucester bankruptcy lawyer can help determine whether bankruptcy can help eliminate your debt, and get you back on your feet.

Different Types of Bankruptcy Available

Did you know there are various types of bankruptcy that each serve a different purpose and require a different skillset? A Chapter 7 Bankruptcy is one type a bankruptcy attorney may decide is the best way for you to liquidate your assets to pay off creditors. This is especially true if you currently have no income.

On the other hand, a Bankruptcy law firm may select a Chapter 13 Bankruptcy as a way for you to keep control of your belongings while paying back your creditors over time.

What is bankruptcy?

Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.

What happens when I file for bankruptcy?

When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.

How much does it cost to file for bankruptcy?

There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.

How long does bankruptcy stay on your credit report?

A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.

How an Attorney Can Help

An attorney can often resolve your particular legal issue faster and better than trying to do it alone. A lawyer can help you navigate the legal system, while avoiding costly mistakes or procedural errors. You should seek out an attorney whose practice focuses on the area of law most relevant to your issue.

What to Expect from an Initial Consultation

  • Seek to determine whether the attorney can represent you. There is no one-size-fits-all legal solution and it may turn out your needs are better served by an attorney in a different specialization.
  • It’s important to find a legal ally who is both competent in the law and someone you can trust to protect your interests.
  • Discuss how the practice’s billing works and discuss possible additional charges or fees that may arise during or after the resolution of your case.

An attorney consultation should provide you with enough information so that you can make an informed decision on whether to proceed with legal help.

Types of legal fees:

Bill by the hour: Many attorneys bill by the hour. How much an attorney bills you per hour will vary based on a number of factors. For instance, an attorney’s hourly fee may fluctuate based on whether that hour is spent representing you in court or doing research on your case. Attorneys in one practice area may bill you more than attorneys in a different practice area.

Contingent fee: Some lawyers will accept payment via contingent fee. In this arrangement, the lawyer receives a percentage of the total monetary recovery if you win your lawsuit. In sum, the lawyer only gets paid if you win. Contingent fee agreements are limited to specific practice areas in civil law.

Flat fee: For “routine” legal work where the attorney generally knows the amount of time and resources necessary to complete the task, he/she may be willing to bill you a flat fee for services performed.

Common legal terms explained

Plaintiff – a person or party who brings a lawsuit against another person(s) or party/parties in a court of law. Private persons or parties can only file suit in civil court.

Judgment – A decision of the court. Also known as a decree or order. Judgments handed down by the court are usually binding on the parties before the court.

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