Bankruptcy Attorney Robert H. Prince takes care to provide his clients with high-quality services personalized for their unique needs. He is available for professional, courteous, and efficient consultation, Monday through Saturday. Our Salem NH law firm serves our bankruptcy clients in Rockingham County, NH, Strafford County, NH, Essex County, MA, Middlesex County, MA.
One of the professional services he provides includes: Bankruptcy
Salem New Hampshire Bankruptcy Attorney
Law Office of Attorney Robert H. Prince Services
Eliminate Debt and Restore Financial Freedom!
Bankruptcy is one of the more distressing and complicated financial endeavors that you may have to go through. Although there is nothing attractive about declaring bankruptcy, it may be the only way that you can put some of your most substantial debts behind you so you can on with your life. As such, by filing for bankruptcy in New Hampshire or Massachusetts, you may have the chance to prevent creditors from taking action against you, suing you, and sending you letters, among other tactics.
Whether you plan to file for Chapter 7, Chapter 11, or Chapter 13 bankruptcy, it is essential to have a prominent New Hampshire bankruptcy attorney representing your interests to creditors as well as bankruptcy courts. Before filing for bankruptcy, get one of New England’s leading attorneys on your side by calling the Law Office of Robert H. Prince at 617-721-9141 or 603-401-0409 today.
Bankruptcy Process in New Hampshire
In order to file bankruptcy in New Hampshire (as well as other states in the area), including Chapter 7 and Chapter 13 bankruptcy, you’ll need to obtain a credit counseling certificate and then complete a bankruptcy petition. It is important to note that, based on your unique situation, you may have other documentation to complete in order to effectively petition for bankruptcy.
The first step is to obtain a credit counseling certificate from an agency approved by the U.S. Trustee in New Hampshire within the six-month period prior to filing. You may have to take a debtor education course as well.
In addition to the courses, you’ll also need gather all appropriate documentation, including:
- Current income sources
- Major financial transactions from the previous two years
- Monthly living expenses
- Secured and unsecured debts
- Property (all assets and possessions)
- Tax returns from the last two years
- Deeds to real estate
- Car titles
- Documents for any loans
This documentation will be essential when filing your petition, completing the number of schedules containing detailed information about your finances, and finishing other forms, such as the lengthy “means test” (for Chapter 7) and a fairly similar form for Chapter 13 bankruptcy.
Most Common Bankruptcy Filings
In most cases, you’ll either be filing for Chapter 7 or Chapter 13. Choosing which type of bankruptcy should depend on your specific financial circumstances as well as the benefits available from each type.
Chapter 7: Chapter 7 bankruptcy is also known as liquidation bankruptcy, however in most cases, state and or federal law allows you to protect most of your personal property and you may even be allowed to keep your home and vehicle so long as your payments are current and the equity does not exceed a certain amount versus what is owed.
Chapter 13: Chapter 13 bankruptcy cases are for individuals who do not qualify for Chapter 7 and involves filing a repayment plan with the court over the period of either three or five years depending on the amount of your debt and your level of disposable income. Best of all, you are allowed to keep all of your assets at the same time. After the plan ends, the rest of your debt is discharged.
Contact the Law Office of Robert H. Prince For a Free Consultation
With decades of experience providing legal counsel and representation for thousands of individuals in the New Hampshire and Massachusetts, the Law Office of Robert H. Prince understands that no two bankruptcy cases are alike. Therefore, we approach ever case with extreme diligence and industry-leading bankruptcy litigation strategies.
Leave your major debts behind and start anew by contacting the bankruptcy lawyers at the Law Office of Robert H. Prince today at 617-721-9141 or 603-401-0409.