Chapter 13 Bankruptcy Lawyer to Help You
At the Law Office of Sarah S. Rama, Esq., we are committed to helping clients solve their debt problems and experience debt relief. As a multi-lingual, international firm with a main office in Salem, Massachusetts, we are also equipped to address the unique issues that clients face when dealing with debt matters. We have helped a significant number of clients overcome financial insolvency and get back on the road to financial stability.
We are an established law firm serving communities in Greater Boston, Massachusetts, with an office soon opening in San Diego, California.
Call 877-279-7085 to learn how we can help you address your specific legal concern. Contact the firm through e-mail, through SKYPE at ramalawus or by phone. Our answering service takes calls 24 hours a day.
Experienced Bankruptcy Guidance
Attorney Sarah S. Rama understands that the bankruptcy process is not only a legal matter. It is an emotional journey that requires proper balancing of the law and its affect on the individual or the business client. Is bankruptcy the right solution for you? We can help you understand your financial options, from a Chapter 7 bankruptcy to sophisticated Chapter 13 payment plans to alternatives to bankruptcy.
With a Chapter 13 bankruptcy, your debt is reorganized into a manageable debt repayment plan to be paid over three to five years. You will pay one monthly sum to the bankruptcy trustee, who will pay that money to your various creditors.
Benefits of Chapter 13 Bankruptcy
Once you apply for Chapter 13 bankruptcy:
- Foreclosure actions must end and you may qualify to have the lien on your second mortgage discharged (known also as lien stripping or cram down)
- Wage garnishment must stop
- Repossession actions must end
What Is the Means Test?
To learn whether you qualify for a Chapter 7 bankruptcy, in which most of your unsecured debt may be discharged, or for a Chapter 13 bankruptcy, you must meet the requirements of an income means test. Generally, people who have substantial assets must file for a Chapter 13. Our firm can assess your situation and let you know which bankruptcy option you may qualify for.
Seeking Debt Relief?
The Law Office of Sarah S. Rama, Esq. looks forward to helping with your legal needs. Contact us through our e-mail or at 877-279-7085 to arrange your free initial consultation.
We are a debt relief agency. We assist people to file for bankruptcy relief under the Bankruptcy Code.
