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The Law Office Of Barry R. Levine – Bankruptcy, Beverly

100 Cummings Center
Suite 327g
Beverly, MA 01915

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Call Us Now For A Personalized Case Evaluation

The Law Office Of Barry R. Levine – Bankruptcy, Beverly

Blogs

  • By: Barry R. Levine

Bankruptcy and divorce are two complex legal matters that often intersect. While a divorce proceeding primarily deals with the division of assets and liabilities, a bankruptcy filing can significantly impact how those debts are handled. It is important to understand how filing for bankruptcy before, during, or after a divorce can affect financial obligations and the division of debt. How…Read More

  • By: Barry R. Levine

In both Chapter 7 and Chapter 13 bankruptcy filings, creditors play a minimal role in the process. Although the court requires that notices and pleadings be sent to all creditors, these documents are often ignored. In Chapter 7 cases, the notices typically inform creditors that the case is assetless, meaning there is nothing to distribute. It is rare for creditors…Read More

  • By: Barry R. Levine

Becoming "judgment proof" means that you have no assets that a creditor can claim to satisfy a judgment. For many individuals filing for bankruptcy, this status occurs naturally when their assets fall below the exemption limits allowed in bankruptcy proceedings. However, for those with substantial assets, planning ahead to protect them from potential creditors is essential. The Right Way to…Read More

  • By: Barry R. Levine

One common misconception about wage garnishment is that it is only stopped by negotiating with creditors. However, the most effective way to halt a wage garnishment is by filing for bankruptcy. The automatic stay that comes with filing bankruptcy immediately stops the garnishment. While certain amounts of income are exempt from garnishment, the ultimate solution is often bankruptcy, particularly when…Read More

  • By: Barry R. Levine

How Common is Tax Debt Today? Tax debt has become a prevalent issue for many individuals today, especially in the current economic climate. Barry notes that it's not uncommon for people to have not filed tax returns for years, which complicates their financial situation. Generally, taxes may be discharged in bankruptcy after a certain period, but when returns aren’t filed,…Read More

  • By: Barry R. Levine

When homeowners first realize they might be facing foreclosure, the situation often begins subtly. It starts with missing one or two payments, which snowballs as banks typically won't accept partial payments. Eventually, the arrears pile up, and before you know it, you might find yourself several payments behind. The foreclosure process itself doesn’t happen overnight. There are numerous notices every…Read More

  • By: Barry Levine

Boston, MA – The Law Office of Barry R. Levine, a longstanding advocate for individuals and small businesses facing financial turmoil, has built a reputation for empathetic, comprehensive bankruptcy support during uncertain economic times. With more than 44 years of experience, Attorney Barry R. Levine, Esq., has dedicated his career to guiding clients through the often complex and emotionally charged…Read More

  • By: Barry Levine

No one ever plans on getting hurt. A personal injury — or an injury caused due to someone else’s negligence — is not something people normally plan for when managing their finances. A simple trip to the store or a fun drive in a car might be all it takes to change your life. If someone at the store does…Read More

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