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Best Bankruptcy Attorneys in Cambridge

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Bernkopf Goodman LLP logo
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Bernkopf Goodman LLP

2 Seaport Lane, Boston, MA 02210
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  • Debt Settlement

Business Description

Since 1894, Bernkopf Goodman LLP has been aiding clients in Cambridge in a variety of complex litigations, including bankruptcy and creditors' rights. The company represents both debtors and creditors involved in insolvency-related disputes. The firm works with debtors-in-possession in establishing financing and debt settlement strategies. Its bankruptcy and insolvency group also defends creditors in adversary proceedings and fights against debt discharge and mortgage void claims from debtors and bankruptcy trustees. Additionally, the company assists clients in dealing with unexpired lease contracts, bankruptcy reorganization plans, and creditor's trusts.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (1)
Foley Hoag LLP logo
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Foley Hoag LLP

155 Seaport Boulevard, Boston, MA 02210
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  • Debt Settlement

Business Description

Foley Hoag LLP, founded in 1943, is a full-service law firm in Cambridge that caters to local and international clients involved in different types of disputes, including bankruptcy. Its bankruptcy lawyers provide legal representation to financially distressed corporations and stakeholders. Among its clients are corporate debtors, asset purchasers, secured and unsecured creditors, creditors' committees, lenders, venture capital firms, private equities, and accounting companies. The firm handles chapter 15 filings, cross-border insolvency proceedings, federal bankruptcy cases, state court, and out-of-court restructurings, as well as commercial disputes related to bankruptcy.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Google
4.5 / 5 (19)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Frisoli Associates, P.C. logo
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Frisoli Associates, P.C.

43 Thorndike Street, Cambridge, MA 02141
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

Frisoli Associates, P.C. provides legal counsel and representation from its Cambridge office. Included in its line of practice areas is bankruptcy law. The firm guides clients through the bankruptcy process. It handles bankruptcy litigation cases covering trustee investigations, avoidance actions, preferential transfers, and fraudulent transactions and transfers. Leonard A. Frisoli, one of the company's bankruptcy lawyers, has been working at Frisoli Associates, P.C. since 1998. His father, Leonard M. Frisoli, Jr., founded the legal firm in 1971.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Google
4.3 / 5 (8)
Yelp
5.0 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
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Detail
––
Mann Law Firm P.C. logo
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Mann Law Firm P.C.

200 Highland Avenue, Needham, MA 02494
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  • Chapter 13 Bankruptcy

Business Description

The Mann Law Firm P.C. in Cambridge delivers counsel and representation in Cambridge. Its bankruptcy lawyers handle insolvency for an individual or a business in a manner that fits the client's goals and resources. A client may liquidate their assets with the guidance of the attorney under a chapter 7 bankruptcy. Clients who prefer to reorganize their assets may seek assistance from the firm to file for reorganization bankruptcies, depending on their circumstances. Simon B. Mann of Mann Law Firm P.C. can also handle personal injury cases, civil litigation, and discrimination law cases.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.3
Facebook
5.0 / 5 (10)
FindLaw
1.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
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Detail
Murphy & King Professional Corporation Counselors at Law logo
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Murphy & King Professional Corporation Counselors at Law

1 Beacon Street, Boston, MA 02108
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

Murphy & King Professional Corporation Counselors at Law is a team of civil litigation and bankruptcy lawyers providing legal services to clients in Cambridge, Boston, and the rest of Massachusetts. It has a broad range of practice areas including business and securities litigation, bankruptcy and financial restructuring, bankruptcy transactions, business and investment transactions, and community banking and mortgage transactions. The firm was established in 1980. It also serves New York City, including the surrounding New York area.

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
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Detail
––
Quat Law Offices logo
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Quat Law Offices

678 Massachusetts Avenue, Cambridge, MA 02139
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy
  • Debt Settlement

Business Description

Quat Law Offices provide debt relief assistance in Cambridge. Kenneth D. Quat, its bankruptcy attorney, advocates for the rights of debtors, consumers, and small business owners. He helps clients stop collection efforts and foreclosure actions by filing for bankruptcy. His consumer bankruptcy services include assessing clients' financial conditions, identifying applicable bankruptcy types, and representing them in liquidation and payment scheme petitions. A legal practitioner since 1979, Quat has presented papers in different consumer law conferences and seminars.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Yelp
5.0 / 5 (2)
Avvo
5.0 / 5 (1)
FindLaw
5.0 / 5 (1)
Rubin and Rudman LLP logo
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Rubin and Rudman LLP

53 State Street, Boston, MA 02109
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  • Debt Settlement
  • Creditor Representation

Business Description

Since its foundation in 1919, Rubin and Rudman LLP has served various institutions, foreign and local companies, as well as individuals in the Cambridge area. With over 80 skilled attorneys, the firm covers a wide range of practice areas, including bankruptcy and creditors' rights. It has veteran bankruptcy attorneys focusing on reorganizations and liquidations under Chapter 11 bankruptcy. They represent business debtors and creditors in negotiations and commercial litigations relating to fraudulent transfer, out-of-court workouts, and insolvency.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.3
Google
3.7 / 5 (6)
Facebook
5.0 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
The Law Office of Burns & Jain logo
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The Law Office of Burns & Jain

6 Beacon Street, Boston, MA 02108
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

The Law Office of Burns & Jain is a personal injury, legal malpractice, and bankruptcy law firm representing clients in Cambridge, Boston, and the rest of Massachusetts. The firm has a range of practice areas which include bankruptcy, personal injury, vehicle accident, premise liability, wrongful death, and legal malpractice. The firm has more than 50 years of combined experience both in and out of the state and federal courtroom, and has filed thousands of bankruptcy cases for clients.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
FindLaw
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Van Dam Law LLP logo
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Van Dam Law LLP

233 Needham Street, Newton, MA 02464
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

Van Dam Law LLP is a full-service law firm in Cambridge that deals with a variety of legal matters, including bankruptcy. The company's lead bankruptcy lawyer, Michael Van Dam, assists individual and business debtors in choosing the right protection strategy for their needs. Van Dam focuses on chapter 7 and chapter 13 bankruptcy filings. Other practice areas include employment litigation, family law, and real estate law. Lawyers at the company have over 60 years of experience representing clients across the Greater Boston area.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Avvo
5.0 / 5 (5)
Google
5.0 / 5 (4)
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Frequently Asked Questions

What does a bankruptcy attorney do?

Bankruptcy attorneys help clients understand whether they qualify for bankruptcy and what their best options are. They also prepare and file petitions, answer questions during the proceedings, and educate clients about potential best steps for a positive bankruptcy outcome. Bankruptcy attorneys might also file motions or paperwork if creditors dispute the bankruptcy, or to stop creditors from taking collections actions forbidden by the bankruptcy.

What happens when you file bankruptcy?

Bankruptcy is a formal process that individuals, married couples, or businesses can enact when they are no longer able to pay creditors. In a bankruptcy proceeding, filers are allowed to reduce debt to more manageable levels to best pay off money owed.

Once the bankruptcy process is initiated, debt collectors can no longer seek repayments outside of the arrangements detailed in the bankruptcy settlement. Some forms of bankruptcy result in the liquidation of assets to pay back debts, while others allow filers to retain most of their possessions and investments. Many types of unsecured debt can be managed with bankruptcy filings, but not all.

Can you file bankruptcy on student loans?

Under most circumstances, student loans aren't dischargeable and aren't included in bankruptcy proceedings. In rare cases, it may be possible to eliminate student loans through bankruptcy, but only if the courts determine that continuing to pay the loans would impose an undue hardship. Meeting the criteria for undue hardship is challenging, and most bankruptcy filers don't qualify.

What is bankruptcy fraud?

Bankruptcy fraud is a blanket term that refers to any kind of dishonest bankruptcy proceeding, which can include:

  • Hiding assets by transferring them to another person or entity
  • Intentionally omitting assets when reporting to the court
  • Destroying or withholding required documents
  • Knowingly making false statements to bankruptcy trustees or creditors

How long is bankruptcy on public record?

How long bankruptcy stays on public record depends on the kind of bankruptcy filing in question. Chapter 7 bankruptcy remains on the record for 10 years as there isn't necessarily a repayment component. Chapter 13 bankruptcy remains on the record for seven years as some obligations are repaid following filing based on the terms of a discharge settlement.

Does bankruptcy clear tax debt?

Bankruptcy can clear tax debt, depending on the circumstances. Taxes are dischargeable under Chapter 7 bankruptcy, not Chapter 13, and only if the tax debt is:

  • Federal income tax debt related to current properly filed tax returns
  • Honestly incurred with no fraud or evasion
  • At least three years old
  • Assessed at least 240 days before bankruptcy filings

Existing liens are not eliminated with bankruptcy.


Can they take my car in Chapter 7 bankruptcy?

In many cases, it's possible to keep a vehicle following Chapter 7 bankruptcy. The Chapter 7 Motor Vehicle Exemption allows filers who own their vehicles outright or who are up to date with payments to keep their cars. However, those behind on making car payments are required to arrange a repayment plan. Otherwise, the vehicle may be repossessed as a part of the proceedings.

How bad is it to file bankruptcy twice?

Although possible, due to the damaging nature of bankruptcy, filing bankruptcy more than once isn't recommended. Filing multiple times puts a serious burden on one's credit report, making it harder to get a loan, buy a house, buy a car, or even open credit cards.

Note that filing for bankruptcy isn't something that can be done at a filer's leisure. There are time limits following bankruptcy cases that dictate when it's permissible to file again. For example, after Chapter 7 bankruptcy, filers must wait at least eight years before filing Chapter 7 again or four years before filing Chapter 13.

Can anyone file bankruptcy?

Anyone can file bankruptcy, but there are limitations regarding which form of bankruptcy is permissible. Qualifying for Chapter 7 requires a means test that evaluates income, debt levels, and income left over each month after paying basic obligations. Income over the median set by the court and monthly income that allows meaningful payments toward unsecured debt can disqualify filers from Chapter 7, which is generally the preferred form of bankruptcy due to the possibility of a full discharge. Anyone can file Chapter 13 bankruptcy, but the terms are less favorable. In most cases, some debts must be repaid following a successful filing. Chapter 13 is also more likely to result in asset forfeiture.

How will bankruptcy affect my credit score?

Bankruptcies are noted on credit reports. How much a bankruptcy might drop a person's credit score depends on how high the score was to begin with, but generally speaking, the hit can be as much as 100 to 200 points. Often scores are already dropping because people filing for bankruptcy may have already missed payments on debts. Chapter 13 bankruptcies are listed on credit reports for seven years from the filing date, while Chapter 7 bankruptcies are listed for 10 years from the filing date. This is because Chapter 13 bankruptcies require at least partial payment of debts owed.

What are the benefits of filing for bankruptcy?

Filing a bankruptcy petition causes an automatic stay. This legally stops creditors from taking further action to collect debt, including garnishing wages or foreclosing on property. Going through a bankruptcy successfully means that debts included in the bankruptcy are discharged and don't have to be paid back, except as provided in a Chapter 13 repayment plan. Bankruptcy can help someone recover from financial duress so they can make better decisions and improve financial situations in the future. Disadvantages can include temporary lower credit scores and limitations on spending and financing.

What's the difference between debt settlement and bankruptcy?

Debt settlement occurs when people negotiate with individual creditors. The creditor agrees to take a payment that's lower than what someone owes and call the debt “paid in full.” Bankruptcy is a legal process that causes debts to be dismissed after someone proves they don't currently have the means to pay their debts as owed. Typically, someone can't enter into bankruptcy and also settle some debts, because the court would see that as favoring one creditor over another.

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