Bucacci And Simonian, PC

If you are like millions of Americans you have accumulated a lot of debt and trying to figure out the best way out. You are not alone. Many people in struggle to choose between bankruptcy and debt settlement. Both promise relief, but they work very differently. Only one of them truly protects you from lawsuits, wage garnishments, and years of damaged credit.

Debt settlement usually involves hiring a company to negotiate with your creditors for a lower lump sum payoff.

You make monthly payments to the debt settlement company for years.
They save up that money until they can offer a lump sum your creditors.
During that time, your debts typically remain unpaid and in collections.
Your credit score continues to drop.
There are tax consequences of debt settlement where you can owe more to the IRS
Worst of all, creditors can still sue you, garnish your wages, or send debt collectors after you even while you’re making payments.

In short: you’re paying faithfully, but there’s no guarantee you won’t get sued, and there’s no legal protection during the process.

Bankruptcy is a legal process, not a negotiation. When you file, the court gives you immediate protection through something called the automatic stay. This stops all collections, lawsuits, garnishments, and creditor harassment immediately.

Some benefits of bankruptcy include:

Immediate protection from lawsuits and garnishments
There are no tax consequences for discharged debt
Most clients see their credit score rise by 30–60 points within one day
You can often get a car loan in one week and a credit card in one month
Many people qualify for a mortgage in just two years
Your credit score can rebuild to around 720 relatively quickly
It doesn’t stop you from applying for government programs or getting a job

And contrary to what you might have heard, bankruptcy is not the end of your financial life it is the beginning of a fresh start.

For most people, bankruptcy offers more protection, faster results, and long-term savings compared to debt settlement. It’s a legal solution with powerful benefits and not a gamble with your future.

We offer free consultations with a bankruptcy attorney and convenient payment plans. No pressure, just honest answers to your questions and concerns. 508-678-000 or visit our website massbklaw.com

Considering Bankruptcy?
We always tell potential clients to talk to us first to see if bankruptcy is in their best interest. The consultation is always free. Talk with Attorney Robert Simonian in private and in total confidentiality to see if filing bankruptcy in Massachusetts is right for you.
We can almost always come up with a solution to your financial problem. We have filed over 10,000 cases in the past 29 years and there are very few scenarios that we have not seen. We are known for our hard work, diligence, creativity and problem solving abilities. Often we are the bankruptcy attorneys other attorneys come to with difficult cases. Call today to see what we can do for you and what options are available. Often people believe they are the only ones with financial problems and are embarrassed of their situation. This is simply not true and many famous people have had to file for bankruptcy to get a fresh start.

Call now to connect with business.

If you are overwhelmed by debt or feeling like you are falling further and further behind each month you may want to consider consulting with a bankruptcy attorney before you waste a lot of precious money one of the many “credit consolidation” companies that advertise something too good to be true. Many people wait too long to file for bankruptcy and often say that they needlessly suffered the stress, anxiety, loss of valuable time and missed opportunities when they could have been on the road to financial recovery a lot sooner. As a general rule you should not do business with someone unless you can meet face to face and if it seems too good to be true it probably is. More and more today people are searching the internet for information however, the problem with that is the information is so general it is almost misleading and does not apply to most cases. For example, a general bankruptcy search will tell you that you have to give up all of your property if you file however this simply is not true for about 99% of the cases and only applies to some property in very, very, very few cases. Again, a free consultation with an experienced bankruptcy attorney would probably be in your best interest before spending money with a doubtful company or blindly searching for information on the internet.

Afraid of bankruptcy? Most people wait too long to file for bankruptcy and often say that they needlessly suffered the stress, anxiety, loss of valuable time and missed opportunities when they could have been on the road to financial recovery a lot sooner. Are you searching the internet and getting all different answers and worst case scenarios? Afraid that you may lose your house or your car? Very rarely does anyone filing bankruptcy lose their house and car. Call us today to find out real answers to your questions and to put your fears aside.

Afraid of bankruptcy? Most people wait too long to file for bankruptcy and often say that they needlessly suffered the stress, anxiety, loss of valuable time and missed opportunities when they could have been on the road to financial recovery a lot sooner. Are you searching the internet and getting all different answers and worst case scenarios? Afraid that you may lose your house or your car? Are you considering a “debt relief agency” that makes promises too good to be true? Very rarely does anyone filing bankruptcy lose their house and car. Call us today to find out real answers to your questions and to put your fears aside. 508-673-9500

Before you consider “debt reduction” or “credit consolidation” or “debt relief” companies that advertise and promise something too good to be true you should know the facts. It is not what they tell you and promise you it is what they DON’T tell you that can be misleading and ultimately makes your situation much worse. If you can not meet with someone face to face you should not blindly send them your hard earned money for a period of years when bankruptcy can give you immediate relief and a very quick fresh start in life so you can begin rebuilding your credit quickly. Call us today for a free in person consultation to discuss your financial troubles. We are the local, trusted and experienced name in bankruptcy with almost 25 years experience and thousands of cases filed. Call today for a free, no obligation consultation. 508-673-9500